New stock first day | Guangdong Dtech Technology (01377) debuts on the market, opened 13.77% lower in morning trading. The company is the world's largest supplier of drill needles.

Guangdong Dtech Technology (01377) has been listed for the first time, with an announcement showing that the price per share is 380 Hong Kong dollars, with a total of 12.632 million shares issued, and 100 shares per lot, with a net proceeds of approximately 4.665 billion Hong Kong dollars. As of the time of writing, the stock has fallen by 13.77% to 330 Hong Kong dollars, with a trading volume of 200 million Hong Kong dollars. According to the prospectus, Guangdong Dtech Technology is a leading integrated supplier of precision manufacturing solutions, providing tools, materials, and intelligent equipment for key processes in the global PCB manufacturing value chain (including drilling, milling/forming, and other related precision manufacturing processes). According to data from Frost & Sullivan, in terms of sales volume, the company is the largest drill bit supplier in the world. In the historical period, based on drill bit sales volume, the company ranked first globally in 2023, 2024, and 2025 with market shares of 26.5%, 26.8%, and 29.2%, respectively. In terms of sales revenue from PCB drill bits, the company ranked first globally in 2023, second in 2024, and first again in 2025 with 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 manufacturing and promoting global industrial development.