Shenzhen Han's CNC Technology Co., Ltd. (301200.SZ), a provider of PCB-specific production equipment solutions, has submitted an application to the main board of the Hong Kong Stock Exchange (HKEx), with China International Capital Corporation (CICC) acting as its sole sponsor.
The company operates in the PCB-specific equipment industry, supplying core infrastructure for downstream sectors such as servers and data storage, automotive electronics, smartphones, computers, and consumer electronics. It specializes in the R&D, production, and sales of PCB production equipment, offering end-to-end process solutions to PCB manufacturers.
According to industry research, the global PCB equipment market is highly competitive and fragmented, with the top five manufacturers accounting for approximately 20.9% of total market share by revenue in 2024. Han's CNC is the largest PCB equipment manufacturer in China by revenue, holding a 10.1% domestic market share in 2024.
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