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Honggong Technology IPO: Seize the development opportunities of material automation processing

2024-08-26

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It is understood that Honggong Technology Co., Ltd. (hereinafter referred to as Honggong Technology) disclosed its prospectus in June 2022, planning to IPO on the Growth Enterprise Market, and successfully passed the review in May 2023. The sponsor hired for Honggong Technology's IPO is CITIC Securities Co., Ltd.

According to the IPO prospectus of Honggong Technology, since its establishment, the company has taken "making material handling simpler" as its mission, guided by technological innovation and market demand, and focused on the research, development, production and sales of automated material handling production lines and equipment mainly for powder, granular, liquid and slurry processing. It is committed to providing one-stop comprehensive material handling solutions for downstream industries such as lithium batteries, fine chemicals, rubber and plastics, food and medicine.

With the continuous advancement of national strategies such as "Made in China 2025", intelligent manufacturing, which aims to deepen the comprehensive upgrade and deep integration of information technology and Internet technology in the manufacturing industry, has become an important path and core driving force for the transformation and upgrading of the manufacturing industry.

The material automation production line and equipment belong to the major complete set of equipment under the intelligent manufacturing equipment industry, and are important equipment support for the automation and intelligent upgrading of downstream industries. With the continuous advancement of the intelligent manufacturing process and the continuous popularization of intelligent manufacturing equipment, from the perspective of the resumption of the issuance and listing review of Honggong Technology's IPO, material automation processing will also usher in good development opportunities.