Shenzhen Changhong Technology Co., Ltd. () is a Chinese plastic parts and injection mold-maker. It was listed on the Shenzhen Stock Exchange ChiNext board on 22 December 2010 using stock code with registered capital. The "CHT Group" has subsidiaries in Shenzhen, Shanghai, Heyuan, Anhui, and Hong Kong with their headquarters in Pingshan New District, Shenzhen, Guangdong, China.
Major customers include Konica Minolta Inc., Brother Industries, for whom they produce tooling and parts for Multifunction Printers, Thermo Fisher and Beijing Xiaomi Technology Co., Ltd.
As of 9 November 2016, Changhong Technology was a constituent of SZSE 1000 Index (as well as sub-index SZSE 700 Index) but not in SZSE Component Index, making the company to be ranked between the 501st to 1,000th by free float adjusted market capitalization.
Changhong acquired 79.75% of Lingen Precision Medical Products (Shanghai) Co. () for ÃÂ¥67.79million (US$) in 2015. In 2018, the company decided not to seek compensation from Lingen founder Zhu Dexin (), citing his illness, despite Lingen's failure to meet revenue targets. The decision attracted criticism from shareholders and scrutiny from regulators.
The public listing was funded in cash with 49.91% being paid by the company Chairman Li Huanchang (æÂÂçÂÂæÂÂ). Heyuan subsidiary General Manager Hua Shoufu (Ã¥ÂÂå®Â夫) paid 7.86% and Shanghai subsidiary General Manager Xu Yanping (å¾ÂçÂÂå¹³) contributed 5.99% of the investment.
Additional investors include the Shenzhen Zhongke Hongyi Venture Investment Co., Ltd. - æ·±å³å¸Âä¸Âç§Âå®ÂæÂÂÃ¥ÂÂä¸ÂæÂÂèµÂæÂÂéÂÂå ¬å¸ (3.73%), Zhejiang Lianheng Venture Capital Co., Ltd. - æµÂæ±ÂèÂÂçÂÂÃ¥ÂÂä¸ÂæÂÂèµÂæÂÂéÂÂå ¬å¸ (3.73%) and Deng Shiyan - éÂÂä¸Âç© (1.05%). The remaining 27.73% was raised from numerous other sources.
On 20 December 2007, the company changed its name from Shenzhen Changhong Hardware Manufacture Co., Ltd. to Shenzhen Changhong Mold Technology Co., Ltd. and then on 15 May 2012 to its current name 'Shenzhen Changhong Technology Co., Ltd.' to reflect changes to its business approach.
On 16 December 2005, the company relocated from Jianxin Village, Ailian Village, Longgang Town, Longgang District, Shenzhen to its current address on the Westside of Jinlong Avenue in Pingshan New District.