CSRC approves Redboard Technology's IPO registration on the Shanghai Stock Exchange.

On November 20th, the China Securities Regulatory Commission issued the reply approving the initial public offering of shares by Jiangxi Hongban Technology Co., Ltd. (Hongban Technology). It is reported that Hongban Technology plans to list on the main board of the Shanghai Stock Exchange, with Guolian Minsheng Securities as its sponsoring institution, planning to raise 2.057 billion yuan. The prospectus shows that the company focuses on the research, development, production, and sales of printed circuit boards, targeting the mid-to-high-end application market. Its products have characteristics such as high precision, high density, and high reliability. It is one of the companies in the industry with a higher proportion of revenue from HDI boards, and can mass produce any interconnecting HDI boards and IC carrier boards. The company has formed a complete product structure, including HDI boards, rigid boards, flexible boards, rigid-flex boards, carrier boards, IC carrier boards, etc., and has comprehensive technological research and development and production capabilities, providing customers with a diverse range of product choices and one-stop services. The company's products are widely used in consumer electronics, automotive electronics, high-end displays, communication electronics, etc., and have significant competitive advantages and market positions in the fields of consumer electronics and automotive electronics.