Reporters learned from multiple sources that Guangdong ThreeNH Technology Co., Ltd. (hereinafter referred to as “3nh“), a leading enterprise in China’s color management field, has officially launched the preparation work for its IPO on the STAR Market. Relevant listing materials are being advanced in accordance with procedures, and the prospectus will be officially disclosed to the public in the near future. This move indicates that this technology enterprise, which has been deeply engaged in the industrial intelligent manufacturing testing field for nearly 25+ years, is about to land on the core financing platform of the capital market.
3nh is a trusted provider of high-precision color measurement solutions, dedicated to delivering reliable, user-friendly instruments that cater to the diverse color management needs of industries worldwide. 3nh comprehensive product portfolio covers bench-top spectrophotometers, portable colorimeters, and specialized color testing equipment, engineered to meet the rigorous demands of sectors including coatings, printing, textiles and apparel, plastics, automotive, pharmaceuticals, and food.
About the 3nh IPO Plan
As a high-tech enterprise focusing on the R&D and application of color management technology, 3nh’s IPO plan is highly consistent with the STAR Market’s positioning of serving “hard technology” enterprises. According to the public information of the enterprise, its original enterprise was founded in 1998. At present, it has formed a business matrix with three core brands: 3nh, TILO and Sine Image. Its products cover multiple categories such as colorimeters, spectrophotometers, standard light source boxes and image test cards, which are widely used in industrial manufacturing scenarios such as electronics, printing, automobiles and textiles. Its production and sales volume have long been among the top in the industry.
The sci-tech innovation attribute is the core competitiveness of 3nh in its IPO pursuit on the STAR Market. The company has built a complete core technology system in the fields of optics and color science, and has accumulated more than 100 new technology patents. Its independently developed products such as the TS series spectrophotometers and YS series grating spectrophotometers have broken the market monopoly of some foreign brands with their high-precision measurement performance. Relying on its sales and service outlets across the country, its products not only cover major domestic manufacturing enterprises, but also gradually expand to overseas markets, forming a complete industrial chain layout of “technology R&D – production and manufacturing – market service”.
Leading position in the color measurement industry
From the perspective of the STAR Market’s listing rules, 3nh’s business characteristics meet the relevant requirements. The “Listing Rules for Stocks on the STAR Market of the Shanghai Stock Exchange” clearly supports the listing of enterprises “with key core technologies, great market potential and prominent sci-tech innovation attributes”. The industrial testing field where 3nh is located is a key supporting link for the upgrading of intelligent manufacturing, and its ability to transform technological achievements and market growth potential both have strong competitiveness. Industry insiders analyze that if this IPO progresses smoothly, the company will further increase R&D investment, expand the high-end product matrix and consolidate its leading position in the industry by virtue of the capital advantages of the capital market.
It is worth noting that the STAR Market has maintained strong support for hard technology enterprises recently. Since December, enterprises such as Biocytogen have completed their IPO issuances, and the raised funds are mainly used for technology R&D and production capacity expansion. The market expects 3nh to further disclose its financial data, R&D investment ratio, core technology details and future development plans in the prospectus, and this information will become a key basis for judging its investment value.
The first listed company in the color measurement industry
3nh is a Chinese enterprise specializing in the R&D, production, sales of color measurement instruments and the provision of color management solutions, with a relatively complete layout of the precision optical color measurement and management industrial chain.
In the domestic market, the company has established long-term partnerships with a number of well-known downstream enterprises, including Huawei, Xiaomi, Weiqiao Textile, Hikvision, Kingboard Holdings, Jilin Chemical Fiber, Oriental Yuhong, Meichao, Baoding Banknote Printing Factory, Chenming Paper, Guangdong Baodeli, Chongqing Tianqin, etc. In terms of overseas business, its environmentally friendly products are sold to more than 40 countries worldwide, with clients including Siam Cement Group of Thailand, India’s RAMCO, TATA, CIPLA, the Netherlands’ CORDIAL, Germany’s Zschimmer & Schwarz GmbH, and many others, boasting a broad business scope.
Annual Performance Reports
In terms of performance, both the revenue and net profit of 3nh have achieved moderate growth in recent years. Specifically, the company recorded a revenue of RMB 1.061 billion in 2022, which rose by 12.25% year-on-year to RMB 1.299 billion in 2023 and further climbed to RMB 1.586 billion in 2024. Its net profit has also maintained an overall upward trend.
According to the newly disclosed performance forecast, 3nh expects its revenue to reach approximately RMB 1.816 billion in 2025, representing a year-on-year increase of 14.5%; the expected net profit will stand at RMB 325 million, a year-on-year growth of 10.76%; and the non-recurring profit and loss adjusted net profit is projected to be around RMB 296 million, up by 8.15% year-on-year. The Listing Committee has requested the company to demonstrate the achievability and prudence of its operating performance forecast from multiple dimensions, by taking into account industry policies, main business models, product price and sales volume trends, progress in new product development, revenue growth of other products, on-hand orders, and the timing of the transfer of construction-in-progress to fixed assets, so as to further ensure the stability of its future operations.
In the feature, 3nh will make a public response to the specific details of the IPO, and the relevant progress still needs to be subject to the official disclosure of the stock exchange and the company’s prospectus. With the continuous deepening of the STAR Market reform, the institutional inclusiveness enhanced by the “Eight Measures for the STAR Market” is providing development opportunities for more leading enterprises in segmented fields like 3nh, and also injecting more sci-tech innovation vitality into the capital market.
3nh: Shining on SSE STAR Market, Leading the Future of Color Measurement
When innovation in color measurement meets the vitality of the SSE STAR Market — 3nh (Shenzhen 3nh Technology Co., Ltd.), a pioneer with over 25 years of dedication to color management, is poised to illuminate the capital market with its technological prowess. As the STAR Market lives up to its name, symbolizing a “rising star” of sci-tech innovation , 3nh stands ready to redefine industry standards and create shared value with global partners.
Tech-Driven: The Core of Our Market Competitiveness
3nh CEO states “Rooted in the philosophy of “technological innovation as the driving force” , 3nh has built a comprehensive technological advantage spanning color management, optical image testing, and specialized light sources. Our R&D team transforms cutting-edge optics and digital technology into tangible solutions: the high-precision NH series colorimeters deliver accurate and rapid color difference measurements; ISO12233 resolution test charts match or exceed the quality of imported alternatives; and customized lighting systems complete end-to-end optical testing solutions . Every product embodies our commitment to intellectual property and technological breakthroughs.”
Industry-Wide: Empowering Diverse Sectors Globally
From the sheen of automotive coatings to the consistency of pharmaceutical formulations, 3nh’s instruments are the invisible guardians of quality across industries. We provide tailored color management solutions for:
Manufacturing: Plastic, textile, and furniture industries rely on our tools to ensure color uniformity across production batches
Consumer Goods: Printing, cosmetics, and food & beverage sectors use our technology to align products with brand standards
High-Tech & Healthcare: Medical equipment and electronic components benefit from our precise optical testing systems
Research & Education: Labs and universities trust our instruments for academic research and professional training
Our global footprint and high market share speak to the universal trust in the 3nh brand .
STAR Market Journey: A New Chapter of Growth
The SSE STAR Market, designed for innovative enterprises, provides 3nh with a platform to accelerate development. By accessing capital markets, we will further amplify our R&D investment, expand global distribution networks, and launch more intelligent products — such as non-contact spectrophotometers and AI-integrated color management software — to meet evolving industry demands . This journey is not just about our growth; it’s about empowering more industries to achieve digital and intelligent color management.
Join Us: Win-Win for a Colorful Future
We adhere to the principle of “customer-centricity and win-win cooperation” . Whether you are a manufacturer seeking quality control solutions, a researcher pursuing precise measurements, or an investor looking for sci-tech growth opportunities, 3nh invites you to partner with us. Together, we will leverage the momentum of the SSE STAR Market to turn technological potential into industrial value, and paint a brighter future for global color management.In color measurement industrials， whether you need lab-grade accuracy for in-depth color analysis or portable convenience for field testing, 3nh color measurement devices are engineered to drive efficiency, reduce color deviation, and elevate product quality—empowering businesses to maintain strict color consistency and stay ahead in competitive global markets.
3nh — Where Color Meets Precision, Where Innovation Meets the Market. Follow our SSE STAR Market journey and discover the power of professional color management.
Website: www.threenh.com | Global Hotline: +0086 755 26508999
