New stock news | Shangdingxin Hong Kong IPO prospectus invalid

Shenzhen Shangdingxin Technology Co., Ltd. (referred to as Shangdingxin) submitted its Hong Kong IPO prospectus on December 2, 2025, which expired on June 2, 2026, after 6 months. Jinlian Capital was its exclusive sponsor. According to the prospectus disclosed earlier, Shangdingxin is a power semiconductor supplier without a wafer fab, specializing in the development and supply of customized power device products. The company tailors technology application solutions for customers, providing customized power devices to be installed on circuit boards of electrical equipment and products used by end users, aiming to achieve specific performance or optimize the function of such products. During the reporting period, the products provided by the company were mainly MOSFETs, followed by IGBTs, GaN MOSFETs, and SiC MOSFETs, which are mainly designed, customized, and/or developed by the company's technical experts, tailored to customer requirements for downstream products.