Core Viewpoint - Shenzhen Chuangzhi Xinian Technology Co., Ltd. has submitted its listing application to the Hong Kong Stock Exchange, with Haitong International, Jianyin International, and China Merchants Securities International as joint sponsors [1] Company Overview - Chuangzhi Xinian is a provider of metallization interconnection plating materials and key process technologies, focusing on wafer-level and chip-level packaging, as well as PCB manufacturing [4] - The company has developed a complete product matrix for chemical and electroplating materials, covering applications in wafer-level packaging, chip-level packaging, and PCB manufacturing [4] - According to Frost & Sullivan, the company is the largest domestic provider of wet process plating materials in China by revenue in 2024, and also the largest one-stop plating solution provider in the Chinese market [4] Business Segments - The company's revenue primarily comes from its one-stop service solutions, which include plating materials and plating services [4] - The plating materials business is the main revenue driver, generating income through the manufacturing and sale of plating materials used in semiconductor and PCB industries [4] - The main products include chemical nickel-gold, chemical nickel-palladium-gold, electroplated copper, and cyanide-free electroplated gold [4] Financial Performance - For the fiscal years 2022, 2023, and 2024, the company reported revenues of approximately 319.6 million, 311.7 million, and 409.9 million RMB, respectively [7] - The annual profits for the same periods were 27.3 million, 19.4 million, and 52.7 million RMB [7] - The gross profit for 2022, 2023, and 2024 was 103.3 million, 110.0 million, and 175.3 million RMB, respectively [8]