Core Viewpoint - Dazhu CNC, China's largest PCB specialized production equipment manufacturer, is conducting an IPO from January 29 to February 3, with significant oversubscription and a target fundraising amount of up to HKD 4.8 billion [1][2]. Group 1: Company Overview - Dazhu CNC specializes in the R&D, production, and sales of PCB specialized production equipment, covering multiple key production processes such as drilling, exposure, lamination, molding, and inspection [2]. - The company operates in various sectors including server and data storage, automotive electronics, mobile phones, computers, and consumer electronics [2]. - Dazhu CNC is the largest PCB specialized production equipment manufacturer in China, holding a market share of 10.1% as of 2024 [2]. Group 2: Financial Performance - The company recorded revenues of RMB 2.786 billion, RMB 1.634 billion, RMB 3.343 billion, and RMB 4.314 billion for the fiscal years 2022, 2023, 2024, and the ten months ending October 31, 2025, respectively [3]. - Corresponding profits for the same periods were RMB 432 million, RMB 136 million, RMB 300 million, and RMB 519 million [3]. Group 3: Market Position and Demand - The PCB specialized equipment industry is competitive and fragmented, with the top five manufacturers accounting for approximately 23.9% of the total market share in China as of 2024 [2]. - Dazhu CNC's sales figures for drilling equipment over the years indicate a production and sales rate of 121.1%, 81.6%, 108.9%, 114.2%, and 98.9% for 2022, 2023, 2024, and the ten months ending October 31, 2025, respectively [2].
大族数控结束招股 孖展认购额录得450亿港元 超购93倍