Longsys completes IPO and ChiNext listing

A group of company executives and guests attended the ceremony at the exchange and rang its opening bell (pictured).

In his speech, chairman and CEO Huabo Cai said that being listed on ChiNext was an important milestone for Longsys’s development – “a broad platform” for its further prosperity and growth. (ChiNext, a subsidiary of SZSE, is the Chinese equivalent of NASDAQ.)

The company says it will strengthen its storage R&D and expand its share of domestic and overseas markets, “to become a comprehensive storage brand with worldwide presence”.


FORESEE is the industry storage brand of Longsys, which was announced at Embedded World 2022, ranging from automotive and industrial automation to power equipment and security monitoring. Specifically, it was showing industrial/automotive eMMC, industrial pSLC microSD, industrial SSD, industrial DDR4 DIMM and other formats at Nuremburg.

Established in 1999, Longsys has R&D centres in Shenzhen, Zhongshan, Shanghai and Chengdu. From 2019 to 2021, its operating income was $830m, $1.055bn and $1.512bn, respectively, while its net profit was $18.48m, $40.07m and $157m, respectively.