Chun Guang Group's ChiNext IPO was approved at the listing committee meeting. In 2024, the sales volume of soft ferrite magnetic powder ranked first in the country.

On February 5th, Shandong Jinhua Chunguang Technology Group Co., Ltd. (referred to as Chunguang Group) passed the listing committee meeting of the ChiNext Board of the Shenzhen Stock Exchange. The sponsor of the IPO is China International Capital Corporation Limited, with a planned fundraising of 750.71 million yuan. According to the prospectus, the company is mainly engaged in the research, development, production, and sales of soft magnetic ferrite magnetic powder, and also develops products such as soft magnetic ferrite cores, electronic components, and power supplies along the industry chain. The various industry sectors of the company complement each other and promote each other, driving the synergistic and healthy development of the business, thus forming specific advantages in technology and industrial development within the industry. The company has long been deeply involved in the field of manganese-zinc soft magnetic ferrite materials, and has become one of the few manufacturers in the industry to supply stable quality and high-performance soft magnetic ferrite materials on a large scale through years of product innovation and process improvement. During the reporting period, the sales volume of soft magnetic ferrite magnetic powder (excluding internal sales) were 76,800 tons, 82,200 tons, 101,600 tons, and 50,100 tons respectively. According to data and calculations from the Magnetic Materials Sub-Association of the China Electronics Materials Industry Association, the company's sales of soft magnetic ferrite magnetic powder ranked first in the domestic market in the 2022 fiscal year, 2023 fiscal year, and 2024 fiscal year. The company's products are widely used in fields such as new energy vehicles and charging piles, smart homes and smart appliances, communication power supplies and communication equipment, green lighting, photovoltaic energy storage, the Internet of Things, and medical fields. The products have entered the supply system of well-known end customers, reflecting the company's comprehensive competitive advantages in terms of production capacity, performance level, and reliability. With profound technological accumulation, the company and its subsidiaries have been awarded various honorary titles such as "National Manufacturing Single Champion Enterprise", "Top Ten Leading Enterprises in Shandong Province", "Top Ten Professional Companies in China's Magnetic Materials Industry", and "Top Ten Leading Enterprises in the New Materials Industry of Private Enterprises in Shandong Province". Currently, the company has established a national-level post-doctoral workstation, Shandong Province Magnetic Materials Technology Innovation Center, Shandong Province Enterprise Technology Center, Shandong Province "One Enterprise, One Technology" research and development and other high-level scientific and technological innovation platforms; in addition, the company undertakes national-level leading talent projects, major scientific and technological innovation projects in Shandong Province, and major talent projects in Tai'an industry, among many national and provincial research projects. In terms of finances, in the fiscal years 2022, 2023, 2024, and January to June 2025, the company achieved operating income of approximately 1.015 billion yuan, 930 million yuan, 1.077 billion yuan, and 546 million yuan respectively; during the same period, the company's net profits were 77.1375 million yuan, 87.0332 million yuan, 98.8897 million yuan, and 58.5125 million yuan respectively.