New Stock News | Shenzhen Han's CNC Technology (301200.SZ) submits application to Hong Kong Stock Exchange.
According to a disclosure by the Hong Kong Stock Exchange on December 2, Shenzhen-based Shenzhen CZ-CN Co., Ltd. (referred to as "CZ-CN") has submitted an application to the Hong Kong Stock Exchange Main Board, with CICC being its exclusive sponsor.
According to the disclosure of the Hong Kong Stock Exchange on December 2, Shenzhen Han's CNC Technology Co., Ltd. (referred to as Shenzhen Han's CNC Technology) has submitted an application to the Main Board of the Hong Kong Stock Exchange, with CICC as its sole sponsor. The prospectus shows that Shenzhen Han's CNC Technology (301200.SZ) is a provider of PCB specialized production equipment solutions. The company operates in the PCB specialized equipment industry, serving as a core infrastructure supplier to various downstream industries such as servers and data storage, automotive electronics, mobile phones, computers, and consumer electronics.
The company is mainly engaged in the research and development, production, and sales of PCB specialized production equipment, providing end-to-end process solutions for PCB manufacturers. According to the information from Zhishi Consultancy, the global PCB specialized equipment industry is highly competitive and relatively fragmented, with the top five manufacturers accounting for approximately 20.9% of the total market share based on revenue in 2024. Based on revenue in 2024, the company is the largest PCB specialized production equipment manufacturer in China, with a market share of 10.1% in China.
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