The domestic optoelectronic equipment sector has welcomed another contender in the race to go public. The Shanghai Stock Exchange has officially accepted the IPO application of Zhongdao Optoelectronic Equipment Co., Ltd. for listing on the STAR Market, marking its formal entry into the capital market review phase with an ambitious plan to raise 1.8 billion yuan.
Established in 2006, Zhongdao Optoelectronic Equipment is a specialist in the research and development, manufacturing, and distribution of front-end inspection equipment tailored for flat panel displays and semiconductor wafers. Over the period from 2023 to 2025, the company reported revenues of 73.7881 million yuan, 291 million yuan, and 446 million yuan, respectively. Correspondingly, its net profits for these years were -10.2955 million yuan, 39.8894 million yuan, and 91.0195 million yuan, showcasing a significant turnaround and growth trajectory.