New Stock News | Guangdong Dtech Technology (01377) completed its IPO and received subscriptions totaling HK$6.85 billion, oversubscribed 141 times.

date
14:28 06/07/2026
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GMT Eight
Ding Tai High-Tech (01377) will be taking applications for public offering from June 30, 2026 to July 6, 2026.
Guangdong Dtech Technology (01377) will be listed from June 30, 2026 to July 6, 2026. As of noon on July 6, Futu, Huili, Tiger and other securities firms have collectively lent 68.531 billion Hong Kong dollars to Guangdong Dtech Technology, calculated based on the fundraising amount of 4.8002 billion Hong Kong dollars, the oversubscription ratio reached 141.76 times. The company plans to globally offer 12.632 million H shares, with 10% for public offering in Hong Kong and 90% for international offering. The offering price per share is 380 Hong Kong dollars. Each lot consists of 100 H shares, and it is expected that H shares will start trading on the Hong Kong Stock Exchange on the morning of July 9, 2026 (Thursday). According to the prospectus, the company is a leading integrated supplier of precision manufacturing solutions, providing tools, materials and intelligent equipment for key process segments in the global PCB manufacturing value chain, including drilling, milling/forming, and other related precision manufacturing processes. According to Frost & Sullivan data, in terms of sales volume, the company is the largest drill needle supplier in the world. In the historical period, based on drill needle sales volume, the company ranked first in the world in 2023, 2024, and 2025, with global market shares of 26.5%, 26.8%, and 29.2% respectively. In terms of PCB drill needle sales revenue, the company ranked first in the world in 2023, second in 2024, and returned to first place in 2025, with global market shares of 21.4%, 20.8%, and 22.9% respectively. The company is committed to creating greater value for customers through high-end precision intelligent manufacturing, and promoting global industrial development. In terms of finances, in 2023, 2024, and 2025, the company's revenue was approximately 1.295 billion yuan, 1.553 billion yuan, and 2.084 billion yuan respectively; during the same period, annual profits were approximately 219 million yuan, 227 million yuan, and 432 million yuan respectively.