Delton Technology (Guangzhou) Inc. Makes Market Debut with Strong Early Gains

Deep News
昨天

Delton Technology (Guangzhou) Inc. (01989) commenced trading on its first day of listing. According to the company's announcement, the shares were priced at HKD 71.88 each. A total of 46 million shares were issued, with a board lot size of 100 shares. The net proceeds from the global offering amounted to approximately HKD 3.175 billion. At the time of reporting, the stock had risen by 56.79%, trading at HKD 112.70, with a turnover of HKD 1.0677 billion.

Public information indicates that Delton Technology (Guangzhou) Inc. is primarily engaged in the research and development, production, and sale of customized PCBs for computing power servers and other computing power application scenarios. According to data from Frost & Sullivan, based on cumulative revenue from computing power server PCBs from 2022 to 2024, Delton Technology (Guangzhou) Inc. ranks third globally among computing power server PCB manufacturers and first among Chinese manufacturers, holding a global market share of 4.9%.

It is noteworthy that the Shenzhen Stock Exchange announced that, as Delton Technology (Guangzhou) Inc.'s listing on the Hong Kong Exchange does not apply a price stabilization mechanism and the corresponding A-shares have been listed for more than 10 trading days, the company will be included in the Hong Kong Stock Connect list. This change will take effect from March 20.

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