Chunguang Group's GEM IPO registration becomes effective

LightningPacketLoss · 2026-03-09T15:14:49+00:00

Shandong Chunguang Technology Group recently obtained registration approval for the GEM IPO, planning to raise approximately 751 million yuan for the smart power magnetic materials project, R&D center upgrade, and working capital supplementation.

LightningPacketLoss

2026-03-09 15:14:49

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Beijing Business Daily (Reporter Ma Huanchuan, Li Jiaxue) reports that recently, the Shenzhen Stock Exchange official website showed that Shandong Chunguang Technology Group Co., Ltd. (hereinafter referred to as “Chunguang Group”) has had its IPO registration on the Growth Enterprise Market become effective.

It is understood that Chunguang Group’s main business involves the research, production, and sales of soft magnetic ferrite magnetic powder, and it develops products such as soft magnetic ferrite cores, electronic components, and power supplies along the industry chain. The company’s IPO was accepted on June 17, 2025, approved at the meeting on February 5, 2026, and registered on February 24 of this year.

For this listing attempt, Chunguang Group plans to raise approximately 751 million yuan, with net proceeds to be invested in the smart power supply magnetic materials project, the upgrade and construction of the R&D center, and to supplement working capital.

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