Jingwang Electronics Resubmits Hong Kong Listing Application With 153B Yuan 2025 Revenue

According to Zhitong Finance, Jingwang Electronics (603228.SH), the world's largest automotive electronic PCB supplier, resubmitted its Hong Kong stock exchange listing application this month following an initial filing in early 2026. With 2025 revenue of 153.08 billion yuan and net profit of 12.44 billion yuan, the company holds a 10.6% global market share in automotive electronic PCBs.

Beyond its core automotive business, Jingwang Electronics is capitalizing on surging AI infrastructure demand. Revenue from communications and data infrastructure segments—including AI server and optical module PCBs—reached 15.91 billion yuan in 2025, a 70.7% year-over-year increase. In the first four months of 2026, this segment contributed 8.33 billion yuan, representing 15.6% of total revenue, as the company scales production of high-end PCBs for AI applications.