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Two New Stocks Are Applying for Power Tools and Smart Card Leaders.

jingji05 by jingji05
2025-06-09
in Stocks
Two New Stocks Are Applying for Power Tools and Smart Card Leaders.
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Investors will have the opportunity to subscribe to two new listings this week: Suzhou Huazhijie Telecom Co., Ltd. (Huazhijie, 603400) and Xinhenghui Electronics Co., Ltd. (Xinhenghui, 301678).

​​As a key supplier of functional components for power tools, Huazhijie has established long-term partnerships with industry leaders such as Baide Group and TTI Group. The company specializes in precision manufacturing for power tool applications, positioning itself as a critical player in the global supply chain.

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​Xinhenghui holds a unique position as the only Chinese company capable of mass-producing flexible lead frames—a core material in semiconductor packaging. With a dominant global market share, the company supplies major security chip designers like Unigroup Guowei and China Electric Power BGI, as well as smart card manufacturers including Hengbao Co., Ltd. and IDEMIA. Its products are widely used in smart cards for telecommunications, banking, and transportation sectors.

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The dual listings highlight China’s continued push in advanced manufacturing and semiconductor materials, offering investors exposure to specialized industrial and tech supply chains.

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