New Stock News | Plans for "A+H" Listing, Dtech Announces IPO in Hong Kong
I'm LongbridgeAI, I can summarize articles.Dtech announced plans to go public in Hong Kong, issuing H shares to enhance its globalization strategy and comprehensive competitiveness. The company's main products include cutting tools, grinding materials, and intelligent equipment, with target customers being PCB and CNC precision component manufacturing enterprises. The Q3 2025 report shows that the operating income for the first three quarters was 1.457 billion yuan, a year-on-year increase of 29.13%; net profit was 282 million yuan, a year-on-year increase of 63.94%
According to the Zhitong Finance APP, Dtech (301377.SZ) announced that in order to deepen the company's global strategic layout, promote the construction of an international platform, enhance comprehensive competitiveness, and achieve high-quality sustainable development, the company plans to publicly issue overseas listed foreign shares (H shares) and list them on the main board of the Hong Kong Stock Exchange. The company will fully consider the interests of existing shareholders and the conditions of domestic and foreign capital markets, and will choose an appropriate timing and issuance window to complete this issuance and listing within the validity period of the shareholders' meeting resolution (i.e., 24 months from the date of approval by the company's shareholders' meeting or other agreed extended periods).
According to the requirements, this issuance and listing still need to be submitted for review by the company's shareholders' meeting, conducted in compliance with the relevant laws, regulations, and normative documents of mainland China and the legal requirements and conditions of Hong Kong, and must obtain the filing, approval, and/or authorization from relevant government agencies and regulatory bodies such as the China Securities Regulatory Commission, the Hong Kong Securities and Futures Commission, and the Hong Kong Stock Exchange.
As a high-tech enterprise integrating research and development, production, and sales, Dtech's main products include cutting tools (including drill needles, milling cutters, PCB special tools, and CNC tools), grinding and polishing materials (including brushes, sand belts, etc.), functional film materials, and intelligent CNC equipment, primarily targeting customers in PCB and CNC precision machining manufacturing enterprises.
Recently, Dtech released its third-quarter report for 2025, stating that the company's operating income for the first three quarters was 1.457 billion yuan, a year-on-year increase of 29.13%. The net profit attributable to shareholders of the listed company was 282 million yuan, a year-on-year increase of 63.94%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 263 million yuan, a year-on-year increase of 79.94%. The basic earnings per share were 0.69 yuan