New Stock News | Delton Technology (001389.SZ) Hong Kong Stock IPO approved by China Securities Regulatory Commission

On January 28, the International Cooperation Department of the China Securities Regulatory Commission issued the "Notice of Overseas Issuance and Listing Record Filing for Delton Technology Co., Ltd." Delton Technology (001389.SZ) plans to issue no more than 54,393,500 overseas listed common shares and list on the Hong Kong Stock Exchange. According to the prospectus, Delton Technology is committed to manufacturing key components of hash rate servers, PCBs, and mainly engages in the research, development, production, and sales of customized PCBs for hash rate servers and other hash rate scenarios. According to Frost & Sullivan data, based on the cumulative revenue of hash rate server PCB from 2022 to 2024, the company ranks third among global hash rate server PCB manufacturers and ranks first among hash rate server PCB manufacturers headquartered in mainland China.