January 31, 2022, from Huizhou, GuangdongBourne Optical Holdings LimitedBiel Crystal Holdings Limited (hereinafter referred to as "Bourne opticsSubmit a prospectus to the Hong Kong Stock Exchange for listing on the main board of Hong Kong. This is another delivery form following its expiration on July 30, 2021.
Main business
Bourne opticsIs the world's leading provider of smart device appearance structures and module solutions, including (I) smartphone cover solutions; (ii) wearable device cover solutions; and (iii) tablet computer cover solutions.
According to Frost Sullivan, in 2020,Bourne Optics:
- It is the world's largest provider of smart device appearance structure and module solutions by shipping value, accounting for 17.6% of the market share.
- In terms of shipping value, it accounts for about 17.5% of the market share in the field of smartphone appearance, structure and modules, ranking first in the industry.
- In terms of shipping value, it accounts for about 25.5% of the market share in the global smartwatch appearance structure and module field, ranking first in the industry.
- In terms of shipping value, it accounts for about 7.1% of the market share in tablet computer appearance structure and module collar, ranking second in the industry. At the same time, in terms of total revenue, in the field of tablet computer glass cover, it occupies about 22.0% of the market share, ranking first in the industry.
Bourne opticsIt also provides the world's first company with mobile phone glass cover solution (2004), smartphone 3D glass cover solution (2013), foldable smartphone CPI thin film cover solution (2019) and smartphone glass-ceramic cover solution (2020).
Bourne opticsOur products are sold all over the world, including America, South Korea, China, Japan, Germany, Vietnam and Switzerland. The company has a broad customer base, including almost all major smart device brands, including global and internationally renowned smart device or consumer electronics brands, as well as the companies employed by these smart device or consumer electronics brands, such as assembly companies, display and car manufacturers, and luxury accessories manufacturers.
Bourne opticsThere are eight production bases, which are located in Shenzhen City and Huizhou City, Guangdong Province, China, Tongliao City, Inner Mongolia and Peining Province, Vietnam. The company also plans to set up a production base in Grenchen, Switzerland, which is expected to be put into operation around June 2022.
Shareholder structure
The prospectus showsBourne opticsIn the pre-IPO shareholder structureYang JianwenThe doctor and his wifeLin HuiyingEstablished by a lady (as the grantor of common property)Jianhui TrustHolding 100% of the shares.
Company performanceAccording to the prospectus, in the past three financial years, 2019, 2020, and 2021 and the first half of 2021 (ending on March 31)Bourne opticsThe operating income was HK $31.622 billion, HK $27.463 billion, HK $29.913 billion and HK $15.012 billion, respectively, and the corresponding net profit was HK $1.544 billion, HK $1.850 billion, HK $3.160 billion and HK $1.52 billion, respectively.
Intermediary team
Bourne opticsThe intermediary teams of IPO mainly include JPMorgan Chase & Co, HSBC and China International Capital Corporation as its co-sponsors; KPMG as its auditor; Global and Jindu (Hong Kong) as its Chinese lawyers, Hong Kong and US lawyers respectively; Jingtian Gongcheng and LinkedIn as its Chinese lawyers and LinkedIn Hong Kong lawyers respectively; and Frost Sullivan as its industry consultant.