Contemplating the technology entrepreneurship board IPO has been accepted, and the market share of automobile light connectors ranks first in the industry.

On April 2nd, the initial public offering (IPO) of EB Securities for Dongguan Sosuo Technology Co., Ltd. (referred to as Sosuo Technology) on the Shenzhen Stock Exchange's ChiNext has been accepted, with plans to raise 1.18 billion yuan. According to the prospectus, Sosuo Technology is a leading domestic provider of automotive-grade low-voltage connectors and electrical connection solutions, focusing on research and development, production, and sales of connectors and components. The company has achieved localization of connector products through independent and controllable core technology, with its products widely used in industries such as automotive, consumer electronics, industrial control, and new energy. Relying on extensive industry experience, mature technological strength, reliable product quality, and scalable product supply capabilities, the company has established long-term stable cooperation relationships with many high-quality automotive customers. According to statistics from the China Electronic Components Industry Association, the company's market share for automotive lighting connector products in China during the reporting period was 29.79%, 39.50%, and 40.10%, ranking first in the industry. The company's automotive lighting connector products have covered leading global automotive lighting manufacturers, and in addition to automotive lighting systems, the company continues to expand into diversified application scenarios in the automotive field, gradually extending its product matrix to smart cabins, new energy vehicle "three-electric" systems, and other core areas. During the reporting period, the company's main operating income breakdown by product type is as follows: Financially, in the fiscal years 2023, 2024, and 2025, Sosuo Technology's operating income is expected to be approximately 375 million yuan, 519 million yuan, and 624 million yuan respectively; while the net profit for the same period is expected to be 93.8086 million yuan, approximately 127 million yuan, and approximately 136 million yuan respectively.