According to the Zhitong Finance App, Huaxing Capital Holdings (01911) issued an announcement that Shanghai Bilu Electronics Co., Ltd. (Bilu Electronics), an investment company of the Huaxing New Economy Fund managed by the Group, is publicly traded on the National Small and Medium Enterprises Share Transfer System (New Third Board). Huaxing Securities Co., Ltd. (Huaxing Securities), a holding subsidiary of the Company, acted as the host brokerage for this listing.
Bilu Electronics is a leading enterprise in the field of micro drive motors for high-end smartphone cameras in China. The product matrix covers closed-loop motors, variable aperture motors, VCM OIS motors, periscope optical zoom motors, and SMA motors. The system is complete, and its technical strength has reached international advanced standards. Its products have been widely used in mainstream smart terminal brands at home and abroad.
As a national-level “little giant” enterprise specializing in new products, Bilu Electronics has long been deeply involved in the field of micro drive motors, seizing opportunities for industry evolution, and relying on self-developed technology to continuously introduce new products and accelerate product iteration. Among them, high-end products such as variable aperture motors, VCM OIS motors, periscope optical zoom motors, and SMA motors have been continuously installed in flagship models of leading domestic brands over the years, making an important contribution to upgrading the video experience of domestic mobile phones. At the same time, Bilu Electronics is actively developing new fields such as action cameras, gimbal cameras, vehicle optics, and humanoid robots, and related products have been launched one after another, laying the foundation for cultivating new profit growth points.
The listing of the new third board is an important milestone in the development of Bilu Electronics. The Group expects that Bilu Electronics will use the capital market to accelerate technology research and development and product layout to further consolidate and expand its leading edge in the industry.
This listing also fully demonstrates the comprehensive strength of the Group's securities business and fund business. As a long-term partner of Bilu Electronics, the Group has provided various capital market professional services to Bilu Electronics with the advantages of its comprehensive financial institution, demonstrating the professional ability of its specialized new technology companies to connect with the capital market. At the same time, the Huaxing New Economy Fund discovered and invested in Bilu Electronics in the early stages of its development with deep industry research capabilities and a forward-looking investment vision, and continued to support its growth as a long-term shareholder. The synergy between the Group's fund business and securities business in this transaction reflects the synergy of the Group's “investment+investment banking” business model, enabling the Group to accompany the development of high-quality enterprises in the new economy and technology throughout the life cycle with comprehensive financial services covering equity investment, listing services, and continuous capital market support. In the future, the Group will continue to deepen collaboration among various business lines to help more science and technology innovation enterprises connect with the capital market and achieve high-quality development.