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Delton Technology

Delton Technology Guangzhou Inc (Ticker: 1989 HK) is a Chinese company specializing in the development, manufacture, and sale of customized printed circuit boards (PCBs) for high-performance servers and other computing applications. Delton Technology plans to list on the Hong Kong Stock Exchange on March 20, 2026, planning to offer 46.00 million shares at a price of HKD 71.88, raising HKD 3.31 billion and a total offer size of USD 422.44 million.

Delton Technology plans to use the IPO proceeds for R&D and product capacity, brand promotion and business development, working capital, and strategic acquisitions. Reportedly, the company ranks third globally among high-performance server PCB manufacturers and first among those headquartered in the Chinese Mainland. Structured as an H Share company, its underwriters according to sources include CITIC Securities, GF Securities, Guolian Securities, HSBC, and Huatai Financial. Additional facts indicate the company's computing application PCBs, particularly for AI and general-purpose servers, accounted for nearly 74% of total revenue by late 2025, driven by expanding datacenters and robotics.

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