FAILDEX失樂園
中文

Han's CNC

The business, the turning points, and the decisions behind them.

Founded2002
Event year2024
FundingUS$200M
Cash burnedUS$200M
Some sections are still being researched2 / 4

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

Pending assessment

Material for this section is being gathered and checked. It will appear here once ready.

03 / EVENT HISTORY

Events in the structured record

  1. Founded

    Shenzhen Han's CNC Technology Co., Ltd. was incorporated in April 2002 as a PCB equipment manufacturer.

  2. Listed

    Han's CNC went public on the Shenzhen Stock Exchange (301200) on February 28, 2022.

  3. Profit drop

    Net profit fell 73.2% year-on-year in the first half of 2023 amid a PCB industry downturn.

  4. 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.

Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN / AFTERMATH

Pending assessment

Material for this section is being gathered and checked. It will appear here once ready.