Hongming Electronics submitted its registration for an IPO on the ChiNext board, aiming to raise 19.5071 billion yuan.

On December 15, Chengdu Hongming Electronic Co., Ltd. (referred to as Hongming Electronics) applied for a change in the status of its Shenzhen Stock Exchange Growth Enterprise Board IPO review to "registration submitted". Shenwan Hongyuan Group Securities is its sponsoring institution, and it plans to raise 1.95071 billion yuan. According to the prospectus, Hongming Electronics is mainly engaged in the research, development, production, and sales of new electronic components mainly composed of resistor-capacitor (RC) components, committed to providing customers with high-performance, high-reliability electronic component products. At the same time, the company is also involved in the precision component business, with products mainly used in consumer electronics such as tablet computers, laptops, as well as in the field of new energy batteries and automotive electronic components. During the reporting period, the company's main products were new electronic component products represented by RC components and precision components. Among them, revenue and profits mainly come from the electronic component business, with the company's electronic components mainly used in the defense industry. In terms of electronic components, the company's main products include multilayer ceramic capacitors (MLCCs), chip ceramic capacitors, organic and mica capacitors, tantalum electrolytic capacitors, thermistor resistors, displacement sensors, and other RC component products, as well as other electronic components such as filters/connectors, microwave devices. In the defense industry, the company's high-reliability products such as MLCCs, organic and mica capacitors, displacement sensors, and thermistor resistors have strong competitive advantages. In terms of precision components, the company provides support for consumer electronics products such as tablet computers, laptops, and smartphones of well-known brands such as Apple, Lenovo, and Motorola. Furthermore, in recent years, the company has actively expanded into the new energy vehicle industry, developing new energy battery and automotive electronic component products. After deducting issuance expenses, the raised funds will be invested in projects according to their priority based on project construction progress. Financially, in the fiscal years 2022, 2023, 2024, and January to June 2025, the company's operating income is expected to be approximately 3.146 billion yuan, 2.727 billion yuan, 2.494 billion yuan, and 1.528 billion yuan, respectively. During the same period, the company's net profits are expected to be approximately 690 million yuan, 598 million yuan, 386 million yuan, and 370 million yuan, respectively.