According to the news, Yilian Technology plans to list on the GEM of the Shenzhen Stock Exchange, with China Merchants Securities as the sponsor, aiming to raise 1.19329 billion yuan in funds.

According to the prospectus, Yilian Technology is a product and solution provider that focuses on the research and development, design, production, sales, and service of electric connection components. The company has established production bases in many places including Shenzhen, Guangdong, Ningde, Fujian, Liyang, Jiangsu, Yibin, Sichuan, and Yueqing, Zhejiang. Its main products cover various types of electric connection components, such as cell connection components, power transmission components, and low-voltage signal transmission components, forming an industrial development pattern with new energy vehicles as the main focus, and the simultaneous development of energy storage systems, industrial equipment, medical devices, consumer electronics, and other application fields.

For many years, Yilian Technology has been deeply involved in the electric connection components industry and is one of the few electric connection component product suppliers that covers multiple application fields. Currently, the company has formed an industrial development pattern with new energy vehicles as the main focus, and the simultaneous development of energy storage systems, industrial equipment, medical devices, consumer electronics, and other application fields.

With its strong research and development and technical capabilities, excellent operation and management capabilities, and rapid response customer service capabilities, Yilian Technology has gained wide recognition from downstream customers in various industries. The company has established stable cooperative relationships with many new energy power battery companies represented by Contemporary Amperex Technology and Sunwoda Electronic, as well as vehicle manufacturers represented by Xpeng and Leapmotor, and its market share is steadily expanding.