High‑Expectation Partner | Warm congratulations to Torrens, a leading domestic supplier of precision components for semiconductor equipment, on its successful listing on the ChiNext Board.
Release date:
2026-07-21
On July 10, 2026, Torrance Precision Manufacturing (Jiangsu) Co., Ltd., a portfolio company of Yuanhe Houwang, (hereinafter referred to as “…”) Torrance ”) Listed on the ChiNext Board of the Shenzhen Stock Exchange , stock code 301583, offering price RMB 22.60 per share. On its first day of trading, the stock price surged as much as 1,070%, with the latest market capitalization standing at roughly RMB 49 billion—more than ten times the IPO price of RMB 22.60 per share.
Torrance is a leading domestic integrated service provider specializing in the R&D, manufacturing, and sales of precision metal components, focusing on providing… Semiconductor equipment We provide high-performance critical process components, structural parts, gas pipelines, and system assembly products, with a business focus on… Etching, thin-film deposition Including front-end core equipment with high process barriers, covering logic chips, memory chips, and… Advanced Packaging and other fields. Against the backdrop of accelerating domestic substitution in semiconductor equipment, Torrens, as a leading supplier of core upstream components, has established deep strategic ties with China’s major equipment manufacturers, serving as a critical link in achieving independent and controllable supply chain capabilities.
This successful IPO marks a significant milestone in Torrens’ own development and once again underscores Yuanhe Houwang’s forward‑looking strategic positioning in the “upstream hard‑tech” semiconductor sector. Moving forward, we will continue to support and accompany this journey, witnessing China’s semiconductor supply chain achieve independent breakthroughs.
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