IPO Plus - IPO

Name▼ / Code▼	Industry	Offer Price	Lot Size	Entry Fee	Closing Date	Grey Market Date▼	Listing Date▲
Eastroc Beverage 09980.HK	Beverages (Non-alcoholic)	N/A	100	25,050.11	2026/01/29	2026/02/02	2026/02/03
Gon Technology 02768.HK	Diversified Chemicals	34-42	200	8,484.71	2026/01/30	2026/02/03	2026/02/04
Distinct Healthcare 02677.HK	Health Care Services	57.7-66.6	50	3,363.58	2026/02/03	2026/02/05	2026/02/06
Muyuan Foods 02714.HK	Poultry, Meat and Seafood	N/A	100	3,939.34	2026/02/03	2026/02/05	2026/02/06
Han's CNC 03200.HK	Printed Circuit Boards	N/A	100	9,676.61	2026/02/03	2026/02/05	2026/02/06

Name▼

Code▼

Industry

Offer Price

Lot Size

Entry Fee

Closing Date

Grey Market Date▼

Listing Date▲

Eastroc Beverage
09980.HK

Beverages (Non-alcoholic)

N/A

100

25,050.11

2026/01/29

2026/02/02

2026/02/03

Gon Technology
02768.HK

Diversified Chemicals

34-42

200

8,484.71

2026/01/30

2026/02/03

2026/02/04

Distinct Healthcare
02677.HK

Health Care Services

57.7-66.6

3,363.58

2026/02/03

2026/02/05

2026/02/06

Muyuan Foods
02714.HK

Poultry, Meat and Seafood

N/A

100

3,939.34

2026/02/03

2026/02/05

2026/02/06

Han's CNC
03200.HK

Printed Circuit Boards

N/A

100

9,676.61

2026/02/03

2026/02/05

2026/02/06

Summary

We are a leading specialized PCB production equipment solution provider in China, and we primarily engage in the R&D, production and sales of specialized PCB production equipment. Our extensive portfolio of production equipment spans various segments of the PCB industry, and covers various production processes, such as drilling, photolithography, lamination, formation and testing. We operate in the specialized PCB equipment industry, such as server and data storage, automotive electronics, mobile phones, computers and consumer electronics. Our business and financial performance are highly dependent on the overall performance of downstream industries that have demands for electronic devices. According to CIC, the specialized PCB equipment industry is highly competitive and relatively fragmented, with the top five manufacturers in the industry in China accounting for approximately 23.9% of the total market share in terms of revenue in 2024. During the Track Record Period, vast majority of our revenue was generated from mainland China. According to CIC, we were the China’s largest specialized PCB production equipment manufacturer in terms of revenue in 2024, with a market share of 10.1% in China. DEVELOPMENT PHASES We have experienced the following four development phases since our establishment: ‧ Start-up and diversification of business layout (2002-2012). We continuously overcame technical bottlenecks and created an initial portfolio covering several major PCB production processes, including drilling, photolithography, formation, and testing, following the acquisition of Shenzhen Mason Electronics Co., Ltd. in 2008. ‧ Diversified comprehensive solutions (2013-2017). We actively fostered close cooperative relationships with our customers, and enriched our product portfolio with a full range of products, such as mechanical drilling equipment, thus forming a more comprehensive product matrix. ‧ Product Portfolio and technology expansion (2018-2021). We focused on growing our customer base with more products and technologies, entered major global PCB supply chains, and developed packaging substrates processing equipment and new laser processing technologies. ‧ Product enhancement since listing (2022-present). Listed on the Shenzhen Stock Exchange’s ChiNext Market in 2022, we achieved innovation in equipment design and production technologies, such as the single-table double-station operation system, new laser processing technology and packaging substrate solutions. We further expanded our presence in Southeast Asian countries, such as Thailand. We launched PCB lamination equipment in 2024, further enriching our product portfolio to to cover nearly all major PCB production processes. OUR PRODUCTS Our extensive portfolio of production equipment spans various segments of the PCB industry, and covers various production processes, such as drilling, photolithography, lamination, formation and testing. Benefiting from our extensive product portfolio, advanced technologies and strong production capabilities, we are able to adapt quickly to the evolving industry trends and serve our customers’ diverse needs. During the Track Record Period, we sold our specialized PCB production equipment to over 10 countries and regions. Source: Han’s CNC (03200) Prospectus (IPO Date : 2026/01/29)
Listing Market	MAIN
Industry	Printed Circuit Boards
Background	H Shares
Major Business Area	China

Corporate Information

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