Dimension Technology's GEM IPO has been accepted with a core focus on optical communication testing instruments and equipment.
According to the prospectus, Vertex Technology is a high-tech enterprise specializing in the research, development, production, and sales of photonic test instruments, with its core business focusing on optical communication test instruments and optical communication test equipment.
On June 5th, Shenzhen Dimension Technology Co., Ltd. (referred to as Dimension Technology) has submitted an application for IPO on the Shenzhen Stock Exchange's Growth Enterprise Board. CMSC is the sponsor institution, with plans to raise 1.38954 billion yuan.
According to the prospectus, Dimension Technology is a high-tech enterprise specializing in the research, development, production, and sales of optoelectronic testing instruments. The core business focuses on optical communication test instruments and equipment. These products perform high-precision measurement and verification of key parameters in optical connection nodes and links, ensuring the stable operation and high-quality development of the optical communication industry chain, supporting innovation in optical communication technology and industry upgrade. The company's optical communication test instruments cover a range of physical characteristics, optical transmission performance, and telecom signal performance testing instruments, along with providing optical communication testing equipment, forming a complete matrix of optical communication test products to provide customers with a one-stop optical communication testing solution.
Dimension Technology's optical communication test products are used throughout the entire optical communication industry chain, covering fiber optics, optical components, optical modules, switches, AI computing centers, data centers, and other applications. They are widely used in the research, manufacturing, quality control, deployment, and operation of core optical communication devices such as high-density fiber connectors, FAU fiber integrated components, high-speed optical modules, silicon integrated circuits, CPO switches, and more.
Dimension Technology has established cooperation with well-known domestic and international companies such as Eoptolink Technology Inc., Suzhou TFC Optical Communication, Foxconn, East Point, Henan Shijia Photons Technology, NVIDIA, Lumentum, and CommScope, gaining recognition from mainstream optical communication industry customers.
Optical communication test instruments provide precise empowerment in every aspect of optical communication device incoming inspection, quality control testing, aging testing, and more. The quality of these instruments directly impacts the stability, efficiency, and yield of mass production of optical communication devices. For example, based on data from LightCounting and Frost & Sullivan, the global market size of optical modules is expected to grow from $19.7 billion to $43.2 billion between 2025 and 2030, with a compound annual growth rate of 17%. Behind this growth is the continuous expansion of optical communication device production. Optical communication test instruments are indispensable core equipment in the expansion of optical communication device production, with procurement demands directly related to the expansion of optical communication device capacity.
Financially, in the 2023, 2024, and 2025 fiscal years, the company achieved operating income of approximately 78.3154 million yuan, 155 million yuan, and 312 million yuan respectively; during the same periods, net profit was approximately 11.1296 million yuan, 42.7325 million yuan, and 97.3483 million yuan.
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