ECM

Dongshan Precision (东山精密) A+H Pre-IPO: Early Thoughts

02 Jun 2026 By Ke Yan, CFA
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Abstract: Dongshan Precision is seeking an A+H listing. UBS, Haitong, GF, and CITIC are the sponsors. We look at the company's core segments: printed circuit boards (PCBs), touch panels and liquid crystal modules, precision components and optical transceivers. We discuss our preliminary thoughts on the company's fair value based on A-H premium.

DELTON TECHNOLOGY (GUANGZHOU) (001389 CH) SUZHOU DONGSHAN PRECISION MANUFACTURING (002384 CH) SHENNAN CIRCUITS (002916 CH) AVARY HOLDING (SHENZHEN) (002938 CH) KINGBOARD LAMINATES (1888 HK) DELTON (1989 HK) VGT (2476 HK) ZHONGJI INNOLIGHT (300308 CH) LENS TECHNOLOGY (300433 CH) VICTORY GIANT TECHNOLOGY (HUIZHOU) (300476 CH) FIBOCOM WIRELESS (300638 CH) SHENGYI TECHNOLOGY (600183 CH) SHENZHEN KINWONG ELECTRONIC (603228 CH) FIBOCOM (638 HK) LENS (6613 HK) SHENGYI ELECTRONICS (688183 CH) Coherent (COHR US) TTM Technologies (TTMI US)

Highlighted Stocks

DELTON TECHNOLOGY (GUANGZHOU), SUZHOU DONGSHAN PRECISION MANUFACTURING, SHENNAN CIRCUITS, AVARY HOLDING (SHENZHEN), KINGBOARD LAMINATES, DELTON, VGT, ZHONGJI INNOLIGHT, LENS TECHNOLOGY, VICTORY GIANT TECHNOLOGY (HUIZHOU), FIBOCOM WIRELESS, SHENGYI TECHNOLOGY, SHENZHEN KINWONG ELECTRONIC, FIBOCOM, LENS, SHENGYI ELECTRONICS, Coherent, TTM Technologies

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