Suzhou Hengmingda Electronic Technology Co., Ltd.
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Suzhou Hengmingda Electronic Technology Co., Ltd. - overview
Established
2011
Location
Suzhou, Jiangsu, China
Primary Industry
Electronics
About
Established in 2011 and based in Suzhou, China, Suzhou Hengmingda Electronic Technology Co. , Ltd. is an electronics components and coils manufacturer that develops precision electronic equipment components. The company has acquired 10 invention patents and 56 utility patents.
It has established 6 subsidiaries and branches in Hong Kong, Dongguan, Shenzhen, Huizhou and Vietnam. In 2019, Hengmingda was listed on the Shenzhen Stock Exchange with the code 002947. In August 2024, Caitong Fund Management Co. , Ltd.
, China Innovative Capital, GF Venture Capital, and other investors acquired the company for CNY 756 million in a PIPE acquisition. Suzhou Hengmingda Electronic Technology Co. , Ltd. is engaged in the research and development, production and sales of consumer electronic functional devices, precision structural parts and precision sheet metal.
The functional devices developed by the company include pasting/fixing, shielding, insulation, buffering, heat dissipation, dustproof and protection. The products can be used in mobile phones, tablets, laptops, smart wearable devices, 5G base stations, etc. The company generates revenue by developing functional devices such as shielding, insulation, buffering, heat dissipation, and other precision devices for other electronic equipment.
Current Investors
Rui Life Insurance, Huatai Asset Management, Orient Jiafu Asset Management
Primary Industry
Electronics
Sub Industries
Electronic Components, Electronic Coils & Transformers
Website
www.hengmingda.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
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Suzhou Hengmingda Electronic Technology Co., Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PIPE | Completed | Suzhou Hengmingda Electronic Technology Co., Ltd. | - |
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