After more than ten years of in-depth involvement in the precision electronic components manufacturing sector, Shenzhen Haojida Electronic Technology Co., Ltd. has recently officially commenced its second IPO counseling. This company, which focuses on the R&D and production of precision coils for smartphone cameras, made an unsuccessful attempt to list on the ChiNext board in 2023. Now, it has reinitiated its listing process, with its counseling institutions completely replaced. The new intermediaries include CITIC Construction Securities, Jingtian & Gongcheng Law Firm, and BDO China Shu Lun Pan Certified Public Accountants LLP.
Founded in 2011, Shenzhen Xiaoxiang Investment Development Co., Ltd. is the controlling shareholder of Haojida. The actual controllers of the company are Chairman Huang Guoping and Director/General Manager Huang Bichan. Haojida's core products encompass electronic winding products, such as precision coils for smartphone cameras. Its major clients include Luxshare Precision, ALPS, and others, and its products are ultimately used in brands like Apple and Huawei.
The previous IPO failure was mainly attributed to information disclosure violations. Specifically, there was inaccurate disclosure regarding changes in the actual controller's marital status and equity changes in the controlling shareholder. These issues affected the regulatory authority's evaluation of the stability of actual control.
In this second attempt at an A-share listing, Haojida aims to utilize capital to reduce its reliance on a single product and expand into new business areas, such as automotive electronics.