On November 4, SZHL Micronano Technology's initial application was approved by the Shanghai Stock Exchange Listing Committee and will be listed on the SSE Science and Technology Innovation Board.
SZHL is one of China's advanced microelectronic parts manufacturing enterprises. It has an outstanding market position and market share in the field of micro-electromechanical (MEMS) fine electronic components and semiconductor chip test probes. The main business is the research and development, design, production and sales of micro-precision electronic parts and components. The company's main products are micro-electromechanical (MEMS) micro-electronic parts series products and semiconductor chip test probe series products; among them, MEMS ( MEMS) micro-electronic parts series products mainly include micro-shielding covers, precision structural parts, and micro-connectors and parts.
The company intends to issue no more than 20 million shares, accounting for no less than 25% of the total share capital after the issuance. The company plans to raise funds of 327,257,800 yuan, of which 141,061,300 yuan will be used for the expansion project of micro-electromechanical (MEMS) precision electronic components, 76,196,500 yuan will be used for the expansion project of semiconductor chip test probes, and 110 million yuan will be used for the construction project of the R&D center . As of the end of 2019, SZHL Technology's total assets were 156,442,700 yuan, and the amount of funds raised this time was twice the company's total assets.
The company will be able to introduce a number of advanced production and testing equipment in the field of precision manufacturing, which can further enhance the company's product quality and precision processing capabilities to meet downstream customers' needs for product upgrades and quality enhancement. It will also further enhance the company's technical strength, help continuously launch new products, seize market share, and attract a group of technical talents. With the continuous introduction of high-end technical talents and the improvement of the company's existing technical level, the company's technical reserves in the field of precision manufacturing will also become stronger.
The company is committed to becoming a world-class micro-precision manufacturing enterprise and providing customers with micro-precision manufacturing system solutions. It will firmly grasp the development trend, deeply cultivate the micro-electromechanical (MEMS) sensor and semiconductor chip industry market, relying on its own advantages, and insist on scale and differentiation. Combining the path of relevance and diversification, we will continuously improve our core competitiveness and strive to become a leading systemic solution provider in the field of global micro-precision manufacturing.