March 14, 2022 marks a significant milestone for Smartgiant Technology as it officially debuted on the Science and Technology Innovation Board of the Shanghai Stock Exchange under the stock code 688115, symbolizing the first company from Panyu District, Guangzhou, to be listed on this prestigious exchange.

Founded in 2005, Smartgiant Technology is a renowned high-tech enterprise dedicated to the field of industrial automation testing. The company excels in designing, developing, manufacturing, and selling advanced industrial automation testing products, including embedded intelligent instrument modules. It also provides tailored professional solutions for intelligent manufacturing systems and industrial automation testing systems to downstream customers.

Over the years, Smartgiant has established itself as a leader in the industrial automation testing sector, offering innovative testing services and solutions centered on embedded intelligent instrument modules. These solutions have successfully replaced traditional testing methods with universal standard instruments, significantly enhancing production efficiency, product quality, and automation for customers. Smartgiant’s proprietary testing solutions have earned recognition from numerous prestigious global and domestic enterprises, including Huawei, VIVO, Foxconn (Hon Hai Group), Quanta Group, and internationally acclaimed brands such as Apple, Amphenol, and Facebook.

The electronic testing and measuring instrument industry in China is currently experiencing a rapid development phase, propelled by economic growth and the transformation and technological innovation across various industries. The demand for electronic measuring instruments is critical from raw material selection through to production monitoring and product testing.

In light of its IPO, Smartgiant plans to utilize the raised funds for several strategic projects, including the expansion of the embedded intelligent instrument module production, the establishment of a new R&D center, and bolstering operating funds. These initiatives aim to enhance the production capacity, automation, and informatization levels, thereby meeting the growing market demand. The new R&D center will focus on automated testing, high-speed data bus testing, RF testing, and IC testing, aiming to enhance R&D capabilities, reduce new product development cycles, and meet diverse customer needs.

Maolin Zhou, chairman of Smartgiant, expressed that the listing is a strategic step in the company’s growth trajectory. Moving forward, Smartgiant will leverage this opportunity to intensify efforts on product innovation and technical team enhancement, deepen market understanding, develop cost-effective innovative products, and expand the application fields of its solutions. The goal is to evolve from a modular testing supplier to a comprehensive industry-wide testing solutions provider, thereby strengthening its technical prowess and market competitiveness.