HONG KONG – Guangzhou Guanghe Technology has submitted its prospectus to the Hong Kong Stock Exchange, seeking a main-board listing with CITIC Securities and HSBC acting as joint sponsors.
According to its prospectus and third-party data from Frost & Sullivan, Guanghe ranks third globally and first among China-headquartered manufacturers by cumulative revenue from computing server PCBs between 2022 and 2024. Server-related products now account for more than 70% of total revenue, reflecting strong demand tied to AI workloads, data center expansion and high-performance computing.
The company operates major manufacturing bases in Guangdong and Hubei provinces and supplies both end-brand customers and electronics manufacturing services providers through a direct sales model.