New Stock News | It is reported that Airdrop is planning to initiate Pre-IPO financing to raise up to 2 billion RMB.

According to reports citing informed sources, Aide Tai Technology, which plans to list in Hong Kong, has initiated pre-IPO financing, aiming to raise up to 2 billion yuan. Singapore's sovereign wealth fund Temasek, Morgan Stanley's private equity division, and Asian investment company CPE are participating in this round. Data shows that Aide Tai submitted its listing application to the Hong Kong Stock Exchange in May, with reports suggesting it aims to raise about $500 million and is valued between $3 billion and $4 billion. According to its preliminary prospectus, the proceeds from the listing will be used to expand production capacity, upgrade research and development centers, and recruit talent. According to the prospectus, Aide Tai is a leading global provider of optical connectivity products and solutions, dedicated to the research, manufacturing, and sales of optical connectors, micro-connectors, and optical connectivity infrastructure products for AI data center applications. The company's products and solutions are widely used by leading cloud service providers, global tech giants, and telecommunications operators. According to Frost & Sullivan, as of the last practicable date (May 8, 2026), the company is one of the few optical connector suppliers worldwide capable of supporting the optical connection demands of ultra-large-scale AI data centers.