Corel Software is pursuing a Hong Kong IPO, specializing in intelligent manufacturing software for the broader semiconductor industry, though it has yet to achieve profitability.

With the development of the chip, display panel, and photovoltaic industries, the industry's pursuit of production efficiency, precision, and quality has become increasingly refined. The wave of digital transformation is driving the adoption of smart manufacturing software with unprecedented force. Recently, a company specializing in providing smart manufacturing software solutions for the broader semiconductor industry is making an initial public offering (IPO) attempt. According to Golunhui, Shanghai Gerui Software Co., Ltd. (referred to as 'Gerui') submitted its listing application to the Hong Kong Stock Exchange on March 2 under Chapter 18C rules, seeking a listing on the Hong Kong stock market, with Guotai Haitong and Minyin Capital acting as sponsors. This marks its second attempt following the expiration of its confidential submission in August 2025.

Gelonghui FinanceMar 11 17:53

IPO Prospectus | Gorui Li: Revenue Doubled in Three Years but Losses Exceeded 300 Million, CIM Software Gross Margin Plummets to 15%

Corelli is currently in a critical phase of balancing 'scale expansion' with 'profitability quality.'

Zhitong FinanceMar 10 17:44

Corelli Software has submitted its IPO prospectus and plans to go public in Hong Kong, with Guotai Junan and Minsheng Capital acting as joint sponsors | Specialized Technology Company under Chapter 18C

Corel Software has filed its IPO prospectus for a planned listing in Hong Kong, with Guotai Junan and Minsheng Capital acting as joint sponsors | Specialized Technology Company under Chapter 18C

Ryanben CapitalMar 3 14:00

IPO News | Gorilla Tech Re-Files for Hong Kong Listing, Ranks Second in China’s Pan-Semiconductor IMSS Market

According to a disclosure by the Hong Kong Stock Exchange on March 2, Shanghai Goruili Software Co., Ltd. (referred to as 'Goruili') submitted its listing application for the Main Board of the Hong Kong Stock Exchange. Guotai Haitong and Minyin Capital are its joint sponsors.

Zhitong FinanceMar 3 07:13

Pre-IPO Outlook | Revenue Growth Without Profit Highlights Systemic Challenges; Industry Leader Gorui Li Faces a "Crossroads"

An examination of Goruili's performance reveals that it has yet to emerge from its loss-making predicament.

Zhitong FinanceFeb 28 21:54

Hong Kong reportedly plans to expand the scope of confidential IPO applications!

Recent reports indicate that Hong Kong is considering expanding the scope of confidential IPO applications, allowing a broader range of companies to submit initial public offering applications in a confidential manner to solidify Hong Kong's position as a global leading listing destination. Earlier, Bloomberg cited informed sources revealing that the Hong Kong Exchange is considering permitting more companies to submit IPO applications confidentially, no longer restricted to the technology and biotechnology sectors but extending to traditional industries. In response, a spokesperson for the Hong Kong Exchange stated that the exchange is committed to optimizing market infrastructure and the listing mechanism to ensure it remains up-to-date. On February 20, Tang Jiacheng, Chairman of the Hong Kong Exchange, attended the 2026 Lunar New Year market opening ceremony.

Gelonghui FinanceFeb 28 11:31