Stock code: 301280

Company News

ZUCH Technology, a leader in the connector industry, successfully listed on the Shenzhen Stock Exchange’s ChiNext board on December 26th via a “cloud bell-ringing” ceremony.
2022-12-26

On December 26, amidst a chorus of blessings, Zhejiang ZUCH Technology Co., Ltd. (stock abbreviation “ZUCH Technology”, stock code “301280”) was listed on the Shenzhen Stock Exchange. Panorama.com provided live coverage of the listing ceremony.

The listing ceremony was held virtually. Government leaders, representatives from listing intermediaries, financial institutions, ZUCH Technology’s partners, shareholders, and senior management team were all present at the ceremony. In addition, many friends participated online, witnessing this important moment for ZUCH Technology.

Zhejiang ZUCH Technology Co., Ltd. is a high-tech enterprise specializing in the R&D, production, and sales of electronic connectors, and possessing the capability to design, manufacture, and assemble precision molds for electronic connectors. The company leverages highly refined, automated, and information-based manufacturing equipment to establish a digital intelligent factory, providing downstream customers with multi-specification, high-quality precision connector products. The company’s products are primarily used in consumer appliances and smart terminals, while the automotive sector is a key future development direction, committed to providing customers with safe, efficient, and intelligent connector solutions.

The Shenzhen Stock Exchange has consistently provided full support and assistance to ZUCH Technology in its listing and financing efforts, offering multi-dimensional support in areas such as strengthening corporate governance and improving company quality. At the listing ceremony, Peng Ming, a member of the Party Committee and Deputy General Manager of the Shenzhen Stock Exchange, extended his sincerest blessings to the company via remote connection.

At the listing ceremony, the Shenzhen Stock Exchange presented ZUCH Technology with a “Startup Ox” as a gift. In traditional Chinese culture, the ox is a symbol of diligence, bravery, and pioneering spirit. The Shenzhen Stock Exchange’s gift of the “Startup Ox” expresses its hope that ZUCH Technology, now listed on the capital market, will be innovative and soar to new heights.

At the listing ceremony, Zhuo Sailong, Vice Mayor of Yueqing Municipal People’s Government, stated that the listing of ZUCH Technology is not only a significant milestone in the development of ZUCH Technology, but also a joyous and major event for Yueqing enterprises going public, and another fruitful result for Yueqing enterprises in their efforts to access the capital market in 2022. Yueqing is a major birthplace of China’s private economy, and this year, five new companies have passed the listing review, ranking third in the province. Including ZUCH Technology, which listed today, the total number of listed companies in Yueqing has reached 15.

Zhuo Sailong stated that ZUCH Technology has set a new benchmark for the private economy in Yueqing, and he hopes that ZUCH Technology will always uphold its innovative spirit, delve into top-level technologies, and achieve a win-win situation for customers, employees, shareholders, and society.

ZUCH Technology’s products are mainly used in home appliances, smart terminals, and other fields. Ren Peng, Vice President of Guojin Securities Co., Ltd., the sponsor and lead underwriter for this IPO, sent his congratulations via remote connection. Ren Peng believes that, leveraging ZUCH Technology’s brand advantages and strong technical capabilities, the company has become a designated brand and strategic partner for a series of manufacturers such as Midea, Haier, Gree, Hisense, LG, Panasonic, Bosch, and BYD, winning a good market reputation and high customer recognition. Ren Peng stated, “We believe that ZUCH Technology will seize this historic opportunity of listing on the ChiNext board, fully leverage its core competitive advantages, reward customers with higher-quality products and services, and return better operating performance to shareholders and investors, making greater contributions to industry development and social progress.”

Embarking on a new journey and starting a new chapter, Zhang Jianchun, Chairman and General Manager of Zhejiang ZUCH Technology Co., Ltd., stated in his address that this successful listing signifies ZUCH Technology’s commitment to leveraging the capital market for new growth. On this new journey, the company will firmly grasp this valuable opportunity, adapt to the new normal of economic development, fully utilize the powerful brand of the capital market, deepen its industry expertise, continuously innovate and forge ahead, strive to improve product and service levels, and achieve a win-win situation for customers, shareholders, and employees.

Zhang Jianchun stated, “Today, ZUCH Technology successfully listed on the ChiNext board, opening the door to a higher and farther path. The future is challenging but full of hope. We will strictly operate in accordance with the requirements for listed companies, rigorously fulfill our information disclosure obligations, earnestly safeguard the legitimate rights and interests of investors, adhere to our mission of ‘bringing a better life to every connection,’ promote high-quality development of the company, continuously improve our R&D capabilities, and strengthen our core competitiveness. We are committed to becoming a global leader in the connector industry, rewarding investors and society with even better performance.”

+86 0577-62830075