On March 14, the Listing Review Committee of the Shenzhen Stock Exchange held its 5th meeting in 2025 to deliberate on the initial public offering (IPO) of Hansang Technology. With a solid business foundation and promising development prospects, the company successfully passed the review, laying a solid groundwork for today’s official listing.

As a key investor in Hansang Technology, the Venture Capital Group injected tens of millions of yuan into the company as early as the end of 2021 through the Sci-Tech Innovation Fund and Talent Fund under its management. In the years following the investment, the Venture Capital Group has fully leveraged its advantages in resource integration, actively connecting Hansang Technology with diversified financial channels, high-quality industrial cooperation resources, and abundant government support policies. It has provided all-round assistance for the company to achieve leapfrog development in technological R&D, market expansion, and team building, offering strong support for its eventual successful listing.

Hansang Technology is an industry-leading integrated supplier of high-end audio products and full-link audio technology solutions. It is committed to providing global well-known audio brand customers with integrated services covering R&D, design, and manufacturing of high-performance audio products, innovative audio products, and more. The company has long focused on R&D of audio-related technologies, boasting 20 years of industry experience in audio product design, R&D, and manufacturing. It has accumulated a range of core technological capabilities in the audio field, including high-performance audio signal processing and amplification, audio transmission, and audio system intelligence, thus establishing its core competitive advantages in the audio industry.

The company has always been dedicated to creating value through R&D and innovation. It has established R&D centers in Nanjing (China), India, and Denmark (overseas), with an R&D team of more than 300 people. It is recognized as a Jiangsu Provincial High-Tech Enterprise and a Jiangsu Provincial "Little Giant" Enterprise (specialized, refined, distinctive, and innovative). In 2022, it was accredited as a Provincial-level Engineering Technology Research Center (Jiangsu Provincial Engineering Research Center for Internet of Things and Smart Audio). Its products have won numerous industry awards, including the EISA Award, CES Technology Award, and IF Design Award.

Over the years, the company has closely followed industry development trends and customer needs. Relying on its outstanding technological innovation capabilities, rich R&D and design experience, and high-quality products, it has gained wide recognition from the market and customers, establishing a good reputation in the global audio industry. The company has established cooperation with many well-known brands in various segments of the global audio industry, including NAD, Bluesound, Snap One, Sonance, JBL, McIntosh, Sonus Faber, B&W, Denon, Marantz, Dynaudio, SteelSeries, and Tonies.

With its keen insight into market demands, in-depth grasp of industry trends, and comprehensive advantages in technological and product R&D capabilities, flexible manufacturing, professional service models, and global layout, Hansang Technology is gradually establishing a solid market position in the international high-end audio field.