CICC (China International Capital Corporation Limited) marked the first trading day after the Lunar New Year holiday with two major capital market achievements. The firm successfully sponsored Shenghe Jingwei's approval by the STAR Market listing committee, making it the first project to pass review after the holiday. On the same day, Chunguang Group submitted its registration application to the ChiNext board. These simultaneous accomplishments demonstrate CICC's strong capabilities and market influence in the hard technology sector.
The dual successes highlight CICC's strategic positioning in two core technology segments. On February 24, Shenghe Jingwei Semiconductor Co., Ltd., a leader in China's 2.5D packaging industry, received approval during the Shanghai Stock Exchange's sixth review meeting of 2026. This milestone not only represents significant progress for the company but also showcases CICC's expertise in semiconductor technology.
Regulators focused their inquiries on Shenghe Jingwei's technology sources, technical roadmap applications, customer stability, and sustainable performance. As the sponsor, CICC demonstrated professional competence in project guidance, information disclosure, and risk management, laying solid groundwork for the successful review.
The same day saw Shandong Chunguang Technology Group Co., Ltd., a quality enterprise in chemical new materials, submit its registration to the ChiNext board. Specializing in high-performance polyurethane foaming agents and environmentally friendly refrigerants, Chunguang Group maintains strong competitiveness in its niche market. This registration brings the company closer to its listing goal and reflects CICC's capabilities in traditional manufacturing transformation and new materials sectors.
From an industry perspective, the parallel progress of Shenghe Jingwei and Chunguang Technology confirms hard technology remains a core theme in 2026's capital markets. Both semiconductor advanced packaging and chemical new materials represent strategic emerging industries with long-term growth potential supported by national policies.
The projects involved key CICC personnel including Chairman Chen Liang, President Wang Shuguang, and sponsorship business head Sun Lei. Chairman Chen brings decades of financial industry experience from previous leadership roles at Shenwan Hongyuan and China Galaxy Securities. President Wang, a veteran who helped build CICC's investment banking system since its establishment, represents professional IB leadership. Mr. Sun, who joined CICC in November 2007, has sponsored 11 projects including major IPOs like China South Locomotive, China XD Electric, and East Money Information.
The successful start to the year signals potential acceleration in 2026's IPO market recovery. As market sentiment improves with continued policy support, more quality hard technology companies are expected to accelerate their capital market listings, with leading securities firms playing increasingly important roles.
For CICC, the dual achievements represent just the beginning of its 2026 hard technology strategy. The firm's footprint in semiconductors, new materials, and high-end manufacturing is expected to expand as more projects advance, strengthening its role as both gatekeeper and enabler in capital markets.
CICC's New Year initiatives may set industry benchmarks, encouraging more securities firms to focus on hard technology sectors and accelerating quality enterprises' capitalization processes, thereby injecting vitality into China's capital markets.
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