---
title: "BRIEF: Delton Technology launches $400 million Hong Kong IPO"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/279047000.md"
description: "Deltone Technology (Guangzhou) Co., Ltd. launched its Hong Kong IPO on Thursday, planning to raise approximately HKD 3.18 billion (about USD 406 million) by selling 46 million shares. Subscription applications will close on March 17, and trading is expected to begin on March 20. Twelve cornerstone investors, including UBS, Barron's, and ICBC, have agreed to purchase shares worth USD 190 million, accounting for about 45% of the total offering. The company plans to use about half of the proceeds to expand and upgrade its main production base in Guangzhou, with another 20% allocated for the construction of the second-phase base in Thailand"
datetime: "2026-03-13T12:46:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279047000.md)
  - [en](https://longbridge.com/en/news/279047000.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279047000.md)
---

# BRIEF: Delton Technology launches $400 million Hong Kong IPO

Printed circuit board (PCB) maker **Delton Technology (Guangzhou) Inc.** (001389.SZ) **launched** its IPO on Thursday, aiming to raise about HK$3.18 billion ($406 million) by selling 46 million Hong Kong-listed H-shares for HK$71.88 each.

Applications will close on March 17, with trading set to begin on March 20. Twelve cornerstone investors, including affiliates of UBS, Barings and ICBC, have agreed to buy $190 million worth of shares, or about 45% of the amount being sold. The company plans to use about half of the proceeds to expand and upgrade its current main production base in Guangzhou, and another 20% for the second stage of a base it is building in Thailand.

Delton is one of several PCB-related companies already listed on China’s domestically focused Shenzhen Stock Exchange that are applying for second listings in Hong Kong to expand their financing channels. Others include PCB equipment maker **Han’s CNC** (3200.HK; 301200.SZ), as well as PCB makers **WUS Printed Circuit** (002463.SZ) and **Dongshan Precision** (002384.SZ).

_By Doug Young_

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