On November 19th, 2024, Chinese PCB manufacturer Kunshan Wan Yuan Tong Electronics Technology Co., Ltd. (hereafter "Wan Yuan Tong" or "the Company") officially listed on the Beijing Stock Exchange under the stock code 920060.

Wan Yuan Tong issued 31 million shares at an offering price of 11.16 yuan per share, bringing the company’s total shares to 147 million post-issuance.

As the third PCB company in the industry to go public this year, Wan Yuan Tong opened with a 40% increase in its stock price, surging by 258.42%. By 10:43 AM, the stock reached 51.40 yuan, a 360.57% increase, with a total market capitalization of 7.576 yuan billion.

Wan Yuan Tong is a high-tech enterprise specializing in the research, development, production, and sales of printed circuit boards (PCBs). Its product portfolio includes single-sided, double-sided, and multi-layer boards. With years of technological research and process development, the company also produces specialized products such as copper substrates, aluminum substrates, thick copper boards, buried capacitor/buried resistor boards, high-frequency/high-speed material PCBs, and other products made from special materials and processes. These products find applications across a range of industries, including consumer electronics, automotive electronics, industrial control, and home appliances.