Shenzhen HFC Co.,Ltd. (SZSE: 301716) made its market debut on September 29. The stock priced its IPO at RMB 76.86 per share and opened at RMB 600 on its first trading day, a gain of 680.64% over the issue price. Based on the opening price, an investor who won one lot (500 shares) held a paper profit of roughly RMB 261,600.

Shenzhen HFC Co.,Ltd. is a national-level specialized and sophisticated "little giant" enterprise, focused on the research, development, and industrialization of advanced electronic functional materials such as thermal management, electromagnetic shielding, and wave absorption products. Its main products include thermal interface materials as well as electromagnetic shielding and wave-absorbing materials, which are key materials ensuring the reliable operation of data centers (AI high-power chips, optical modules), smart vehicles, 5G communications, and consumer electronics.

From 2023 to 2025, Shenzhen HFC Co.,Ltd. reported operating revenue of RMB 260 million, RMB 330 million, and RMB 707 million, respectively, while net profit attributable to shareholders of the parent company came in at RMB 35 million, RMB 71 million, and RMB 269 million. In 2025, revenue rose 114.34% year on year, and net profit climbed 276.51% year on year.

In the first half of 2026, Shenzhen HFC Co.,Ltd. posted operating revenue of RMB 435 million, up 66.29% year on year, and net profit attributable to shareholders of the parent company of RMB 176 million, up 94.60% year on year.

The content above is for reference only and does not constitute investment advice. Investors who act on it do so at their own risk.