Youbang Technology's GEM IPO submitted for registration, mainly engaged in electronic assembly materials and supporting automation equipment

The Zhitong Finance App learned that on August 23, Dongguan Youbang Material Technology Co., Ltd. (abbreviation: Youbang Technology) applied for the Shenzhen Stock Exchange GEM IPO review status changed to “submit registration”. As its sponsor, Shen Wan Hongyuan plans to raise 8052.1 million yuan.

According to the prospectus, Youbang Technology is an enterprise specializing in R&D, production and sales of electronic assembly materials and supporting automation equipment. It mainly has four major business segments: electronic adhesives, electronic welding materials, wet chemicals, and automation equipment. It provides customers with electronic assembly solutions such as bonding, welding, and surface treatment. The products are eventually widely used in smart terminals, communications, new energy, semiconductors, etc.

As one of the leading domestic electronic assembly materials companies, the company has established a rich product matrix, and has established stable cooperative relationships with well-known enterprises in the industry such as Foxconn, Delta Group, Heshuo Group, Qun Optoelectronics, Qihong Technology, Mingwei Electronics, D Company, Lixun Precision, and Everweft Lithium Energy. The products ultimately serve well-known domestic and foreign terminal brand customers such as Company A, Company D, Sony, HP, Dell, Amazon, ZTE, and Xiaopeng Motors.

During the reporting period, the company was mainly engaged in R&D, production and sales of electronic assembly materials (mainly electronic adhesives, electronic welding materials, wet chemicals) and supporting automation equipment (mainly automated dispensers), mainly to achieve revenue and profit by selling products to downstream customers.

The company's products are mainly formula-type products, and there are many types of raw materials. The main raw materials include metal materials such as tin and silver and non-metallic materials such as resins, fillers, and chemical raw materials. The company mainly uses “production orders” and “strategic preparation” methods to procure productive materials, guided by market and customer needs, and adopts a production model of “determining production by sales and maintaining reasonable inventory”.

In terms of sales model, the company currently mainly uses direct sales, supplemented by distribution. Under the direct sales model, the company focuses on developing and serving well-known enterprise customers in the downstream application field, directly establishing cooperative relationships with customers and carrying out sales business, and there are situations where customers are obtained or services are provided through agents; the distribution model adopted by the company is mainly buy-out distribution, that is, after the company sells products to dealers, the dealers sell on their own and bear their own profits and losses according to market conditions.

In the field of electronic adhesives and electronic welding materials, the company has achieved a leading position in the industry. According to the “Certificate” issued by the China Adhesive and Adhesive Tape Industry Association, the company's electronic adhesive products had a domestic market share of about 3% in 2025, ranking in the top ten in the industry; according to statistics from the Solder Materials Branch of the China Electronic Materials Industry Association, the company's solder paste products had a domestic market share of about 5.83% in 2025, ranking in the top five domestic companies.

On the financial side, in 2023, 2024 and 2025, the company's operating revenue was 899 million yuan, 1,025 million yuan and 1,136 million yuan, respectively; net profit was 89.4416 million yuan, 93.624 million yuan and 108 million yuan, respectively.