Hongming Electronics successfully completed its IPO on the Growth Enterprise Market by passing the listing committee meeting. It has previously established the first domestic military standard production line for organic thin film dielectric capacitors.

On December 12th, Chengdu Hongming Electronics Co., Ltd. (referred to as Hongming Electronics) passed the listing committee meeting of the ChiNext Board of the Shenzhen Stock Exchange. The sponsor for the IPO is Shenwan Hongyuan Group Securities, with plans to raise 1.95071 billion yuan. According to the prospectus, Hongming Electronics mainly engages in the research, development, production, and sales of new electronic components, focusing on capacitive components, aiming to provide customers with high-performance and high-reliability electronic component products. The company is also involved in the precision components business, with products primarily used in consumer electronics such as tablets, laptops, as well as in the fields of new energy batteries, and automotive electronic components. As a well-established domestic electronic component manufacturer, the company has over 60 years of experience in electronic component research and technological accumulation. The company's product system is comprehensive and diverse, with independent intellectual property rights in multiple core technologies. Its main products include multilayer ceramic capacitors (MLCC), chip ceramic capacitors, organic and mica capacitors, tantalum electrolytic capacitors, thermistors, displacement sensors, and other capacitive component products, as well as filtering/connectors, microwave devices, and other electronic components. In the defense sector, the company's high-reliability products such as MLCCs, organic and mica capacitors, displacement sensors, thermistors have strong competitive advantages and have been involved in the research, development, and production of electronic components for national key equipment and projects multiple times, supporting key projects in aviation, aerospace, weapons, ships, nuclear industry, and have received recognition and thank-you letters from various key project undertakings. In the civilian sector, the company's electronic component products are mainly used in consumer electronics, automotive electronics, etc. The company is one of the few domestic enterprises with the research capabilities to produce the full industrial chain from high-quality electronic materials (ceramic materials and conductive pastes) to electronic components, and has achieved the localization of multiple products. It has created multiple firsts in China, such as the first national military standard production line for organic film dielectric capacitors, the first aerospace-grade MLCC production line, the first national military standard production line for positive temperature coefficient thermistors, the first national military standard production line for negative temperature coefficient thermistors, the first national military standard production line for electromagnetic interference filters, and many more domestic firsts. In the field of precision components, the company focuses on product design, precision mold development, and intelligent manufacturing as core competitive strengths, keeping pace with the rapid development of the electronics and information industry, continuously developing and designing high-precision, high-value-added new products, expanding and improving the company's business and product system. Over the years, the company has provided support for tablet computers, laptops, smartphones, and other consumer electronics products for well-known brands such as Apple, Lenovo, Motorola, and has become one of the important suppliers in Apple's supply chain. In addition, in recent years, the company has actively explored business opportunities in the field of new energy vehicles, developing new energy batteries and automotive electronic structural components. Currently, the company has been certified by industry-leading customers, with technical parameters meeting high standards and requirements for customers, and has started supplying customers with small batches. Financially, in the 2022 fiscal year, 2023 fiscal year, 2024 fiscal year, and the first six months of 2025, the company's operating income is expected to be approximately 3.146 billion yuan, 2.727 billion yuan, 2.494 billion yuan, and 1.528 billion yuan respectively; during the same periods, the company's net profit is expected to be approximately 690 million yuan, 598 million yuan, 386 million yuan, and 370 million yuan respectively.