FS.COM
| Register Close | 2026/03/18 IPO Closing in 4 Days |
| Listing Date | 2026/03/23 |
| Register Close | 2026/03/18 IPO Closing in 4 Days |
| Listing Date | 2026/03/23 |
FS.COM Limited is a globally leading provider of enterprise-grade networking solutions. The Group’s networking solutions empower businesses globally to achieve efficient digital transformations. Through the Group’s online sales platform, FS.com, it deliver scalable, cost-effective and one-stop networking solutions.
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The Group’s solutions range includes high-performance networking equipment, scalable networking equipment operating system and cloud-based network management platform. The Group’s solutions support scenarios include high-performance computing, data centers, enterprise networks and telecommunications, meeting the demand for both enterprise-grade highperformance networking solutions and general networking solutions for worldwide customers through its platform-centric and online-enabled approach.
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The Group’s revenue was primarily derived from the sales of networking solutions to overseas markets. The Group was the world’s second largest online DTC networking solution provider in terms of revenue in 2024 with a 6.9% market share, according to the report.
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As of March 4, 2026, the Group had served more than 500,000 customers in over 200 countries and regions worldwide, covering approximately 60% of Fortune 500 companies from a wide spectrum of sectors including, among others, information technology, financial services, healthcare, education, automotive and electronics.
| Market | Hong Kong (Main Board) |
| Business Nature | Software & Services |
| Major Business Area | Global |
| Board Lot | 100 |
| No. of Offer Shares | 40.00M H shares |
| No. of International Offer Shares | 36.00M H shares |
| No. of HK Offer Shares | 4.00M H shares |
| Offer Price | $35.20 - $41.60 |
| Stock Code | 3355 |
| Sponsor(s) | China International Capital Corporation Hong Kong Securities Limited, China Securities (International) Corporate Finance Company Limited, China Merchants Securities (HK) Co., Limited |
| Underwriter(s) | China International Capital Corporation Hong Kong Securities Limited, China Securities (International) Corporate Finance Company Limited, China Merchants Securities (HK) Co., Limited, BOCI Asia Limited, Futu Securities International (Hong Kong) Limited, Tiger Brokers (HK) Global Limited |
| Application Period | Mar 13 (Fri) - noon, Mar 18 (Wed) |
| Price Determination Date | Mar 19 (Thu) |
| Result Announcement Date | On or before Mar 20 (Fri) |
| Result Announcement Date | On or before Mar 20 (Fri) |
| Result Announcement Date | On or before Mar 23 (Mon) |
| Dealings in Shares commence on | Mar 23, 2026. (Mon) |
| Offer Price | $35.20 - $41.60 |
| Capitalization | 14.08B - 16.64B |
| NAV / share ($) | $9.26 - $9.91 (Unaudited pro forma adj NAV / share) |
| Assuming the offer price being at HKD 38.4, the net proceeds raised would be HKD 1.43B, of which |
| 40% : Research and development of digital intelligence enhancement through laboratory renovation, recruitment of specialist talents and procurement of hardware and software |
| 30% : Enhance delivery capabilities in major overseas markets through establishing a regional headquarter in Singapore |
| 20% : Digitalizing business platform for networking solutions and services |
| 10% : Working capital |
| Prospectus |
| Remark: | The above information is referenced from the prospectus. |
| All data is calculated from the non- exercise rights(if applicable). |
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