Honglin Technology Group Limited

Honglin Technology Group Limited

HL Technology Group provides cable assembling and related solutions for the fields of computer, consumer electronics, and communication.

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CNY150m

IPO
Total Funding000k
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Honglin Technology Group, founded in 1997 by Chairman Shi Shaolin in Weihai, Shandong, operates as a specialized manufacturer of cable assemblies and related solutions. The company began by establishing Weihai Honglin Electronics Co., Ltd. for subcontracting and processing, and by 2000, it launched its own "Honglin" brand, shifting to an independent industrial model. A key aspect of its business model is vertical integration; the group manages a comprehensive industrial chain that includes everything from insulation materials and copper conductor processing to precision molds and finished components. This structure allows for competitive pricing and synergistic operations among its various entities.

The group's product portfolio is extensive, segmented into power cable products and signal cable products, serving high-end clients in the 3C (computer, communication, and consumer electronics), automotive, and household appliance sectors. Specific offerings include power cords, specialty cables, automotive wiring harnesses (both low and high voltage), wireless communication antennas, flexible flat cables (FFC), and high-precision internal wiring. Its market presence is global, with R&D centers in Weihai and Taipei, an international operations center in Singapore, and production facilities in China, Thailand, Vietnam, and Myanmar. This strategic layout enables a resilient supply chain bridging China and ASEAN, enhancing its global competitiveness.

Over the years, Honglin Technology Group has hit significant milestones. In 2010, it was listed on the Hong Kong Stock Exchange. The company expanded into the automotive sector in 2013 and initiated R&D for EV charging equipment in 2014. It has also established joint research centers, such as the Polymer R&D Center with Harbin Institute of Technology in 2011. The group holds numerous international product safety certifications and is a member of associations like USB and HDMI. Several of its subsidiaries have also achieved public listings, with Chongqing Hongxi Technology on the Beijing Stock Exchange in 2022 and Weihai Honglin Power on the Shenzhen Stock Exchange in 2023.

Keywords: cable assembly, specialty cables, vertical integration, consumer electronics components, automotive wiring harness, power cord manufacturing, signal cable solutions, electronic connectivity, EV charging cables, flexible flat cables, wireless communication antennas, precision internal wiring, high-frequency data cables, 3C components, global supply chain, electronic manufacturing services, polymer materials

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