Zecheng Electronics (920821) uses 8.9667 million yuan of its own funds to purchase financial products to improve the efficiency of self-owned capital utilization.

On March 20, Shenzhen ZC Electronic Co., Ltd. announced that the amount of idle proprietary funds used for cash management this time is USD 1.3 million, equivalent to RMB 8.9667 million. As of now, the company’s unused balance of idle proprietary funds for cash management is RMB 98.9667 million.

In the announcement, ZC Electronic stated that, without affecting the normal development of the company’s main business and ensuring normal operational needs, the company plans to use no more than RMB 150 million of idle proprietary funds to purchase high-security, highly liquid financial products.

According to JiBen Finance, ZC Electronic mainly engages in the design, research and development, production, and sales of customized intelligent electronic modules and printed circuit boards based on flexible applications. The company has PCB production lines and module manufacturing lines, providing customers with full-value chain services such as flexible application solution design, customized PCB manufacturing, electronic assembly, module assembly, and high-quality assurance. Its products cover multiple fields including consumer electronics, medical electronics, biometric identification, and automotive electronics.

Driven by technology, the company addresses different customer needs by integrating customer requirements from product design and process R&D, guiding technology, scheme design, process validation, and final product manufacturing throughout the entire process. This enables the company to provide design solutions and products that meet customer needs and continuously offer technological iteration services, fully satisfying the rapid technological update demands of downstream products. As of the end of June 2025, the company and its subsidiaries hold a total of 121 patents, including 22 invention patents, 94 utility model patents, and 5 design patents.

The company’s senior management team is stable and has over ten years of industry experience. The company values human resource management, continuously establishing and improving scientific HR mechanisms, and actively recruiting top industry talent to strengthen its R&D team. The company emphasizes the development of new materials and products, adopting a JDM model for deep cooperation to improve product development efficiency, especially given the customized and small-batch nature of its products.

Headquartered in Shenzhen, ZC Electronic is located in the Shenzhen Special Economic Zone and has established wholly owned subsidiaries in Zhuhai and Huizhou—Guangdong ZC and Huizhou ZC—forming production bases. In the first half of 2025, the company set up a wholly owned subsidiary in Hong Kong, ZC Holdings, advancing its internationalization strategy. The wholly owned subsidiary Guangdong ZC is located in Fushan Industrial Park, Zhuhai, mainly engaged in flexible circuit boards, rigid-flex boards, and similar PCB products. Guangdong ZC utilizes new technologies, processes, and equipment to upgrade PCB manufacturing, capable of mass production of FPC (flexible printed circuits), including single-layer, double-layer, and multi-layer boards, as well as high-density interconnect (HDI), RF (rigid-flex), and substrate-like PCB products. Huizhou ZC, located in the Zhongkai High-tech Zone of Huizhou, will mainly focus on EMS services after completion, becoming a high-end manufacturing center for automotive electronics, medical electronics, consumer electronics, and communication modules. The company owns modern manufacturing facilities and imported professional production and testing equipment from Europe, America, and Japan, and has received certifications including the National “Little Giant” certification, National High-Tech Enterprise certification, ISO13485:2016, ISO9001:2015, IATF16949:2016, ISO14001:2015, SA8000:2014, ISO45001:2018, ISO27001:2022, ISO56005-based Innovation and Intellectual Property Management Level 1, integration management system certification (GB/T23001-2017), ISO14064-1:2018 GHG verification, UL, Apple MFi, and IPC standards. Its products are used by global companies such as Medtronic, Masimo, Roche, Bose, Dell, Rimac, Nexteer, Fujitsu, Belden, Abbott, Janus, and RayNeo.

ZC Electronic adheres to the “One Core, Dual Engines” strategy, focusing on “providing customized module integration services for flexible applications” as its core, building a dual-driven force of “full-process services including R&D, design, manufacturing, testing, and quality assurance of customized modules” and “high-end PCB design and manufacturing of flexible circuit boards and substrate-like boards.”

In terms of performance, in 2025, the company achieved an operating revenue of RMB 394 million, a year-on-year increase of 0.57%; net profit attributable to shareholders of the listed company was RMB 17.68 million, a decrease of 31.51% year-on-year.