TMTPOST — Shenzhen-listed Apple Inc. supplier Guangdong Lingyi iTech Co., Ltd. plans to launch a management roadshow next week to pitch a secondary H-share listing in Hong Kong aimed at raising approximately $1 billion, according to individuals familiar with the transaction. The AI-driven device components manufacturer refiled its dual-listing prospectus on May 20 with Guotai Junan International acting as the sole sponsor, signaling a renewed push for offshore capital following a previous application in November. The capital-intensive equity offering will allocate proceeds toward expanding production infrastructure and funding strategic cross-border acquisitions across high-precision hardware segments, including AI servers and humanoid robotics components. The secondary listing reflects a broader corporate strategy among Chinese Mainland industrial leaders seeking diversified dollar-denominated funding channels amid rising cross-border supply chain integration. By securing an offshore trading gateway, manufacturing platforms are shifting corporate cap tables away from domestic retail dependency toward long-term global institutional asset managers.