Dacheng Assists Tianhai Auto Electronics Group Co., Ltd. in Successfully Listing on the Main Board of SZSE

On May 18, 2026, Tianhai Auto Electronics Group Co., Ltd. completed its initial public offering (IPO) and was successfully listed on the Main Board of the Shenzhen Stock Exchange (SZSE), with the stock code 001365. Dacheng Law Offices served as the issuer’s legal counsel for this project.

 

The company issued 79 million shares at an offering price of RMB 27.19 per share, raising total proceeds of RMB 2.148 billion. Its closing price on the first trading day stood at RMB 67.12 per share, with a total market capitalization exceeding RMB 35.2 billion.

 

Tianhai Electronics

 

Registered in Hebi Economic and Technological Development Zone, Henan Province, Tianhai Electronics is controlled by the State-owned Assets Supervision and Administration Commission of Guangzhou. The company provides comprehensive solutions of automotive transmission systems, connection systems and intelligent control for automakers. It mainly engages in the R&D, production and sales of automotive wiring harnesses, connectors and other auto electronic components.

 

As a domestic leader in automotive wiring harnesses and connectors, it ranks first in wiring harness revenue and top three in connector revenue among A-share listed companies in the sector. The company has established long-term stable partnerships with renowned automakers including Chery Automobile, SAIC Motor, Geely Auto, Changan Automobile, Li Auto and NIO.

 

The Dacheng project team consisted of signing lawyers Lu Wangsheng, Yang Jinzhu, Ou Mingxi and Ren Hanjun, as well as core members Hu Zhe, Dong Yuheng, Liu Jia and Zhou Qing. The team delivered full-process legal services from application preparation to official listing. With rigorous professionalism, solid expertise and efficient execution, the team fully supported the company’s successful landing on the capital market and gained unanimous recognition from clients and other intermediaries.