Gold Link “terminates” Shanghai Stock Exchange Science and Technology Innovation Board IPO

The Zhitong Finance App learned that on November 2, Zhejiang Gold Link Technology Co., Ltd. (abbreviation: Gold Link) changed the IPO review status of the Shanghai Stock Exchange Science and Technology Innovation Board to “terminated”. Due to the withdrawal of the issuance and listing application by Gold Link and its sponsor, the Shanghai Stock Exchange terminated its issuance and listing review in accordance with the relevant provisions of Article 63 of the “Shanghai Stock Exchange Stock Issuance and Listing Review Rules”.

According to the prospectus, Jinlink is a world-renowned provider of fine precision parts. Currently, it mainly provides core components for major domestic and foreign chip testing consumables manufacturers such as Smiths Interconnect, Yokowo, Yamaichi, Taosheng Technology, and Helin Weiner. The products are eventually used in the testing process of high-end chips such as GPUs, CPUs, and ASIC by major domestic and foreign chip manufacturers, and is an important part of the global high-end chip supply chain system. In addition, the company is also actively expanding its business boundaries, strategically arranging precision parts for medical devices and wafer test probe parts, and continuously enriching its product matrix.

As one of the few domestic enterprises with large-scale manufacturing capabilities for test probe parts, the company can achieve stable mass production of test probe parts with a minimum diameter of 0.03 mm and a dimensional tolerance of ± 2 µm, and can complete mirror-level processing of complex geometric structures with a minimum diameter of 0.04 mm. The product parameters have been fully benchmarked and even partially surpassed domestic and foreign competitors' products. According to an industry report published by Sullivan Consulting, in 2024, the company ranked fifth in the world in terms of market share in the test probe parts industry, and is also the only test probe parts manufacturer in China ranked among the top five in the world.

On the financial side, in 2023, 2024 and 2025, the company achieved operating income of 91.2536 million yuan, about 158 million yuan, and about 276 million yuan; in the same period, the company achieved net profit of -4.7575 million yuan, 5.2412 million yuan, and 586.882 million yuan respectively.