New Stock News | CCTC plans Hong Kong IPO with a 20.96% year-on-year increase in revenue for the first three quarters
CCTC plans to list on the main board of the Hong Kong Stock Exchange, issuing H shares to support its globalization strategy and financing. The company's operating revenue for the first three quarters was 6.508 billion yuan, a year-on-year increase of 20.96%; net profit was 1.959 billion yuan, a year-on-year increase of 22.16%. CCTC was established in 1970 and is a leading supplier of electronic components and materials, with products sold to multiple regions around the world
According to the Zhitong Finance APP, on October 30, CCTC (300408.SZ) announced that in order to further promote the company's global strategic layout, expand overseas financing channels, assist in overseas project construction, and enhance the company's core competitiveness, the company is planning to issue H shares and apply for listing on the main board of the Hong Kong Stock Exchange. As of the date of this announcement, the company is actively discussing the relevant work for this H share issuance and listing, and the specific details of this H share listing have not yet been determined.
Public information shows that CCTC was established in 1970 and is a leading electronic components and advanced materials industrial base in the country. Since CCTC was listed on the Shenzhen Stock Exchange in December 2014, the company's total market value has exceeded 99 billion yuan.
After years of technological accumulation and innovation, the company's high-tech products have formed a multi-category product structure dominated by mobile terminal ceramic components, optical communication ceramic components, alumina/aluminum nitride ceramic substrates, ceramic packaging bases, MLCC (multi-layer ceramic capacitors), fuel cell electrolyte membranes, terminal blocks, traditional resistors, and ceramic substrates for resistors. CCTC has established a wide sales network both domestically and internationally to provide customers with satisfactory products and convenient services. Currently, CCTC is a supplier of passive electronic components and materials. Products are sold to the United States, Europe, and Southeast Asia, among other countries and regions.
According to the third-quarter report for 2025 released by CCTC, the company's operating income for the first three quarters was 6.508 billion yuan, a year-on-year increase of 20.96%. The net profit attributable to shareholders of the listed company was 1.959 billion yuan, a year-on-year increase of 22.16%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 1.706 billion yuan, a year-on-year increase of 18.74%. The basic earnings per share were 1.02 yuan
