Guangdong Lingya Electronic Technology Co., Ltd. secured a 40 million RMB investment from Kunwu Jinding Fund to enhance its R&D and prepare for an upcoming public listing, capitalizing on the growing demand in China's electronic connector industry.

Target Information

Guangdong Lingya Electronic Technology Co., Ltd. is the largest manufacturer of electronic connectors in China, located in Dongguan City, Guangdong Province. The company specializes in the production of fine electronic wires and data cables, catering primarily to the computer, telecommunications, and consumer electronics sectors. With a wide customer base in the Pearl River Delta region, Lingya has reported significant growth, achieving sales revenue exceeding 1 billion RMB and a profit of 50 million RMB in 2007. The company anticipates continued stable growth in 2008, supported by increasing domestic demand for digital communication products.

Lingya plans to go public on the domestic A-share market in 2009 with the backing of a recent 40 million RMB investment from Beijing Huida Jinding Investment Management Co., Ltd., under its equity investment fund, Kunwu Jinding Fund. The company aims to enhance its research and development initiatives, optimize its product structure, and increase the proportion of high-end products with higher technical content and profit margins in its offerings over the next five years.

Industry Overview in China

The consumption of electronic products in China has been on a steep increase, thanks in part to the rapid growth of the digital communication and consumer electronics sectors. Moreover, the production capabilities for global electronic connectors are shifting inc