Blanc Technology Co., Ltd. successfully listed on the Hong Kong Stock Exchange with significant backing from Jinyong Investment, achieving impressive demand for its IPO.

Target Company Overview

Blanc Technology Co., Ltd. (stock code: 6613.HK) successfully made its debut on the Hong Kong Stock Exchange on July 9, 2025, marking a significant milestone and the establishment of a benchmark for A+H listings in the current year. On its first day of trading, the stock opened at HKD 18.88 per share, representing a 3.85% increase from its issue price, with a total market capitalization exceeding HKD 99 billion. The company's IPO received strong recognition from top-tier international institutions, witnessing a subscription rate of 462.76 times for the public offering in Hong Kong and 16.68 times for the international offering.

Industry Overview in China

The global precision structural components and modular solutions market for consumer electronics is highly competitive and continuously evolving. Blanc Technology stands out in this sector, primarily due to its advanced technology, manufacturing capabilities, and a comprehensive global presence. These core strengths enable the company to push the boundaries of interactivity in consumer electronics, introducing products such as “smart interactive glass” that incorporates integrated sensors and advanced functionalities.

Moreover, in the smart automotive sector, Blanc Technology has developed a diverse product portfolio that includes automotive glass, smart cockpit integration, and automotive-grade sensors. This has solidified partnerships with leading global automoti