Year of the Horse's No. 1 Stock Nationwide! Tongbao Optoelectronics Listed on Beijing Stock Exchange

On the morning of February 26th at 9:30 AM, Changzhou Tongbao Optoelectronics Co., Ltd. (hereinafter referred to as Tongbao Optoelectronics, stock code: 920168) successfully listed on the Beijing Stock Exchange, becoming the first company to go public after the Spring Festival in the Year of the Horse 2026. Vice Mayor of Changzhou Xu Jun, Secretary of the Party Working Committee (District Committee) of Changzhou High-tech Zone Shi Xuyong, and Liu Guoxue, Chairman of Changzhou Tongbao Optoelectronics Co., Ltd., jointly rang the opening bell.

On-site Bell-Ringing Ceremony

Founded in 1991, Changzhou Tongbao Optoelectronics has focused on the research and production of automotive electronic components for 35 years. Its main products include LED vehicle light modules and drive controllers. It is a national-level specialized and innovative “Little Giant” enterprise, holding 91 independent intellectual property rights. The company has established R&D institutions such as the Jiangsu Provincial Industrial Design Center, Jiangsu Provincial Enterprise Technology Center, and Jiangsu Automotive LED Module Engineering Technology Research Center. In 2025, revenue is expected to grow by 21.94% year-on-year.

Tongbao Optoelectronics’ initial public offering price is 16.17 yuan per share, with over 300 million yuan raised. The funds will be mainly invested in new energy vehicle smart LED modules and other projects, injecting strong momentum into the company’s core technology upgrades and business expansion. It also adds new driving force for the high-quality development of the new energy vehicle industry in Changzhou High-tech Zone.

The successful listing of Tongbao Optoelectronics is a vivid example of enterprises in Changzhou High-tech Zone deepening their core businesses and striving for new heights. It is also a fruitful result of the zone’s efforts to cultivate the capital market and build an ecosystem for listing on the Beijing Stock Exchange. As of now, Changzhou High-tech Zone has cultivated 23 listed companies domestically and internationally, ranking among the top in Changzhou. Among them, five are listed on the Beijing Stock Exchange, accounting for over 50% of the city’s total. Since 2021, the zone has cultivated the second-largest number of Beijing Stock Exchange-listed companies among counties and districts nationwide, with a total fundraising of over 1.3 billion yuan, and a total market value exceeding 14 billion yuan. It has formed a “Changzhou High-tech New Board” centered on innovative small and medium-sized enterprises with distinctive industrial features. Additionally, the zone has reserved eight companies under review or guidance by the Beijing Stock Exchange and 34 listed on the New Third Board, creating a sustainable development pipeline of “reserve, list, apply, and go public,” continuously supplying high-quality new growth companies to the exchange.

At the new starting point of the 14th Five-Year Plan, Changzhou High-tech Zone will continue to strengthen the cultivation of a high-quality development pioneer zone for listed companies on the Beijing Stock Exchange. It will optimize the support system for capital markets, guide listed companies to focus on their main businesses and accelerate development, and enhance the influence and radiation of the “Changzhou High-tech New Board” on the Beijing Stock Exchange, enabling more innovative small and medium-sized enterprises to achieve leapfrog development through the capital market.

Correspondent: Gao Minghao
Yangtze Evening Post / Purple Cow News Reporter: Ma Ben

Proofreader: Sheng Yuanyuan