Three-Circle Group Passes HKEX Listing Committee Hearing, Ranking World No.1 for Alumina Ceramic Substrates
NewTimeSpace News: Chaozhou Three-Circle (Group) Co., Ltd.(300408.SZ) passed the hearing of Hong Kong Stock Exchange Listing Committee on June 18, with China Galaxy International acting as the sole sponsor. With over 55 years of operation focusing on electronic ceramic materials and components, the Company recorded a revenue CAGR exceeding 24% and a net profit CAGR exceeding 28% from 2023 to 2025. Its product portfolio covers core application sectors including communications, AI & data centers, consumer electronics, automotive electronics, semiconductor manufacturing and packaging.
NewTimeSpace News: Chaozhou Three-Circle (Group) Co., Ltd.(300408.SZ) passed the listing hearing of the Stock Exchange of Hong Kong Limited on 18 June 2026, with China Galaxy International appointed as the sole sponsor.
Focused on electronic ceramic materials and components for more than 55 years, the Group has built a four-category product lineup: electronic ceramic materials, electronic components, communication devices and equipment assemblies, covering core downstream fields such as communications, AI and data centers, consumer electronics, automotive electronics, semiconductor manufacturing & packaging, new energy and intelligent industrial control.
According to Frost & Sullivan statistics measured by 2025 revenue, the Company ranks first globally in three product segments: alumina ceramic substrates, ceramic ferrules & sleeves, and SOFC electrolyte sheets.
From 2023 to 2025, the Company’s revenue Compound Annual Growth Rate (CAGR) stood above 24%, while net profit CAGR exceeded 28%. It delivered an average gross profit margin of around 40% and an average net profit margin over 29%. The Group operates 10 global production bases and 7 research institutes, holding 722 granted patents and 180 pending patent applications. It has participated in formulating 26 domestic and overseas industrial standards. The average cooperation term with major clients reaches 12 years, and overseas revenue accounts for approximately 19% of total revenue on average.
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