Desay Silicon Valley's 2026 mid-year report shows both revenue and net profit growth, with plans to list on the main board of the Hong Kong Stock Exchange.
According to the semi-annual report for 2026 released by Huizhou Desai Xiwai Automotive Electronics Co., Ltd., revenue reached 14.901 billion yuan in the first half of the year, a year-on-year increase of 1.75%; net profit attributable to the parent company was 1.245 billion yuan, a year-on-year increase of 1.81%. The annual sales volume of new project orders exceeded 22 billion yuan, an increase of over 20%. On April 12, the company officially submitted its listing application to the Main Board of Hong Kong Stock Exchange, with Morgan Stanley and Huatai International serving as joint sponsors. Desai Xiwai focuses on intelligent cockpits, intelligent driving, and connected services. In 2025, it ranked first in both the Chinese intelligent cockpit and third-party intelligent driving domain controller markets. Currently, there is no controlling shareholder or actual controller.