Chinese quantum precision laser company Pinzhun Laser said it will list on the STAR Market of the Shanghai Stock Exchange on Aug. 18, 2026, according to an Aug. 16 announcement cited by BlockBeats. The company plans to issue 10 million shares at 186.88 yuan per share, which will bring its total share capital to 40 million shares after the offering. At the start of trading, 7.6178 million shares will be freely tradable, accounting for 19.04% of the total share capital. Pinzhun Laser reported 2025 revenue of 418 million yuan and net profit of 151 million yuan. The company, formally known as Shanghai Pinzhun Laser Technology Co., Ltd., was founded in November 2017. It said it has built a full-chain precision laser technology stack covering seed sources, fiber amplification, nonlinear frequency conversion and frequency stabilization, supporting narrow-linewidth, low-noise and high-power laser output across the 177-5000 nm range. Its products are used in quantum computing, quantum precision measurement and semiconductor applications including wafer manufacturing, metrology inspection and stealth dicing. Funds raised in the IPO are slated for a precision laser system industrialization project, an R&D center project, a Wuhan R&D center project and working capital replenishment.
Pinzhun Laser, a Chinese precision laser company focused on quantum applications, said it will list on the STAR Market of the Shanghai Stock Exchange on Aug. 18, 2026, according to an announcement cited by BlockBeats on Aug. 16.
The company will issue 10 million shares in the public offering at 186.88 yuan per share. After the offering, its total share capital will stand at 40 million shares. At the initial stage of listing, 7.6178 million shares will be available for unrestricted trading, representing 19.04% of the total share capital.
For 2025, the company reported revenue of 418 million yuan and net profit of 151 million yuan.
Technology and business scope
The company’s full name is Shanghai Pinzhun Laser Technology Co., Ltd. It was established in November 2017. The announcement said the company has developed a full-chain precision laser technology system covering seed sources, fiber amplification, nonlinear frequency conversion and frequency stabilization.
It said the system can deliver narrow-linewidth, low-noise and high-power laser output across the 177-5000 nm full-band range.
Pinzhun Laser’s main business covers the research, production and sale of precision lasers. Its products are mainly used in quantum technology fields such as quantum computing and quantum precision measurement, as well as semiconductor applications including wafer manufacturing, metrology inspection and stealth dicing.
IPO proceeds
The company said proceeds from the IPO are mainly intended for a precision laser system industrialization project, an R&D center construction project, a Wuhan R&D center construction project and supplementary working capital.
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