Delton Technology

Delton Technology (Ticker: 1989 HK) develops, manufactures and sells customized printed circuit boards for high-performance servers and other computing applications. By late 2025, boards for computing applications, particularly artificial-intelligence and general-purpose servers, accounted for nearly 74% of total revenue. The company is an H-share company. Planned uses of IPO proceeds included research and development, production capacity, brand promotion and business development, working capital, and strategic acquisitions.

The scheduled listing date on Hong Kong Stock Exchange was March 20, 2026. The proposed offering comprises 46,000,000 shares at an indicative price of HKD 71.88 per share. The base offering would represent HKD 3.31 billion, approximately $421.32 million in gross proceeds, excluding any unexercised over-allotment.

CITIC Securities, GF Securities, Guolian Securities, HSBC and Huatai Financial were listed as underwriters.