Han's CNC
The business, the turning points, and the decisions behind them.
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Sections to complete:02 · 05
01 / WHAT IT BUILT
What the company did
Shenzhen Han's CNC Technology Co., Ltd. (Han's CNC, SZSE:301200), incorporated in April 2002, is a Chinese manufacturer of specialized equipment for printed circuit boards (PCBs): drilling, photolithography, testing, formation, attachment and lamination equipment and solutions. It serves server and data storage, automotive electronics, mobile phone, computer and consumer electronics customers; it went public on the Shenzhen Stock Exchange on February 28, 2022 and is seeking a Hong Kong listing.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Shenzhen Han's CNC Technology Co., Ltd. was incorporated in April 2002 as a PCB equipment manufacturer.
- Listed
Han's CNC went public on the Shenzhen Stock Exchange (301200) on February 28, 2022.
- Profit drop
Net profit fell 73.2% year-on-year in the first half of 2023 amid a PCB industry downturn.
- Hong Kong listing plan
Han's CNC announced plans to seek a Hong Kong listing.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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