Smart-Core Holdings Limited (“SMC” or the “Group”) (Stock code: 2166) commenced trading on the Main Board of the Stock Exchange of Hong Kong Limited on October 7, 2016.
Established in 2005, SMC is a leading distributor of IC and other electronic components based in the PRC. The products that SMC distributes include various integrated circuits and other electronic components which can be used in smart media for display, smart radio terminals, mobile terminals, intelligent automotive electronics and memory products. SMC has strong capability to provide engineering support, and operates a distinctive E – Commerce platform. Through close cooperation with the technology vanguards, SMC deeply integrates the industry resources and adopts the business mode of OAO (online and offline), which could benefit the Group to offer superior core chip and value-added service to the customers. Since SMC commenced its business, SMC has established a large and diverse customer group, and provides service to over 1,300 customers including Blue-chip and SME. SMC ranked the fifth in Chinese local distributors of electronic components in IC distribution business in terms of sales revenue in 2015.
DBS Asia Capital Limited acted as the sole sponsor for this IPO. Global Law Office acted as the PRC legal counsel to the sole sponsor. Our team was led by our Shenzhen-based partners Ms. Carrie Sun and Mr. Cheng Li, along with Ms. Furong Zhou and Mr. Haibo Wan as the other members of the team.