Chunguang Technology debuts on SZSE ChiNext, lifting Linyi's listed firms to 11
The listing ceremony of Shandong Chunguang Technology Group Co., Ltd. was held on May 11 at the Shenzhen Stock Exchange (SZSE). As the opening bell rang, the leading player in the magnetic materials sector officially made its debut on the ChiNext board. This brings the total number of Linyi-based companies listed both domestically and overseas to 11.
The successful IPO of Chunguang Group marks a new milestone in the development of Linyi's capital market, and also boosts confidence among more local enterprises in achieving transformative and leapfrog development by leveraging the capital market.
Based in Linyi High-tech Zone, Shandong Chunguang Technology Group Co., Ltd. is mainly engaged in the R&D, production and sales of soft ferrite magnetic powder. It runs four major business segments covering magnetic powder, components, devices and power supplies. The company has expanded its industrial layout along the value chain to include soft ferrite cores, electronic components and power supply products. Its products are widely applied in national strategic emerging industries such as new energy vehicles, photovoltaic energy storage and AI servers, which are highly aligned with the development needs of new infrastructure and the new energy industry, boasting broad market prospects.
The listing of Chunguang Group represents another major achievement in the high-quality development of Linyi's real economy and the advancement of its capital market construction.
To realize its goal of building a provincial sub-central city and accelerating its stride toward a trillion-yuan economic city, Linyi is leveraging its strength as a major city for private enterprises. It is promoting the high-quality development of the real economy through capital market upgrades, with coordinated efforts in policy support, enterprise cultivation, and services.
Taking the lead across Shandong Province, Linyi issued the Five-Year Action Plan for Promoting High-quality Development of the Capital Market and the "Langya Listing Initiative" for Corporate IPOs (2026–2030), providing strong guarantee and full support for enterprises seeking listing.
Editor：Lotus