超颖电子沪主板IPO过会 拟募资6.6亿元

Group 1 - The core viewpoint of the article is that ChaoYing Electronics has successfully passed the IPO review on the Shanghai Stock Exchange, indicating a positive outlook for the company's future growth and capital raising efforts [1][4][6] Group 2 - ChaoYing Electronics specializes in the research, production, and sales of printed circuit boards (PCBs), with a primary focus on automotive electronics PCBs. The company is one of the few in China capable of mass production of multi-layer HDI and any-layer interconnection HDI automotive electronic boards [4][5] - The company has established stable partnerships with major global Tier 1 automotive suppliers such as Continental, Valeo, Bosch, and Aptiv, as well as well-known electric vehicle manufacturers like Tesla [4] - ChaoYing's customer base includes electronic product manufacturers, traders, and PCB companies, primarily utilizing a direct sales model while also supplementing sales through traders and PCB firms [4] - The global PCB industry is characterized by low concentration and intense competition, with several strong competitors in the automotive electronics PCB sector, including ShenZhen ShenNan Circuit, JingWang Electronics, and others [4][5] Group 3 - According to the CPCA's revenue ranking, ChaoYing Electronics ranks 23rd among comprehensive PCB companies and is recognized as one of the top ten automotive electronics PCB suppliers globally and one of the top five in China [5] - The PCB industry has seen a significant shift towards Asia, particularly China, which has become the largest PCB production base since 2006, accounting for 55.74% of the global PCB market value by 2024 [6] Group 4 - The company plans to raise 660 million yuan through its IPO to invest in the second phase of high-layer and HDI projects, supplement working capital, and repay bank loans. This investment is expected to add 360,000 square meters of production capacity annually and enhance the company's technical capabilities [6]