Hansong (Nanjing) Technology Limited
汉桑科技
301491
Shenzhen Stock Exchange
Company Profile
1. Strong R&D Capabilities The company has been dedicated to audio-related technology R&D for over 20 years, with deep expertise in product design, engineering and manufacturing. Over the years, it has accumulated core technology and expertise in high-performance audio signal processing and amplification, audio transmission, and audio ecosystem intelligence, established strong competitive advantages in the industry. （1）High-performance audio signal processing and amplification: The company has extensive technical expertise in every stage of audio signal acquiring, decoding, processing and amplifying, ensuring industry-leading product performance. （2）Audio transmission: Its self-developed audio streaming modules and software solutions are recognized as industry-leading solution featuring high-resolution, multi-room, cross-ecosystem streaming and with flexible customization capability, fully certified by almost all global ecosystem platforms. The company also masters multi-channel wireless transmission technologies across protocols, achieving multi-channel, low-latency, high-synchronization, and high-resolution performance in various scenarios. Additionally, it developed AoIP network audio transmission technology based on AES67 standard, supporting multi-sampling, multi-channel, ultra-low-latency, high-resolution, low-loss, uni-cast, and multicast functions. （3）Audio ecosystems intelligence: The company has built a cloud-edge-device collaborative framework, offering a complete end-to-end solution from core AIoT modules to finished device to cloud integration. Its audio, IoT and cloud platform enables simultaneous distribution of large-scale cross-ecosystem audio content, providing multi-level deployment, playback management, system control, and data insights across regions and geographies. The company commits to create values and growth with innovation as driving force, and established R&D centers in Nanjing, India, and Denmark. By the end of June 2025, the company held 119 authorized patents (98 domestic and 21 international). Recognized as a National High-Tech Enterprise, it was named the Jiangsu Provincial IoT and Smart Audio Engineering Research Center in 2022. Its products have won multiple industry awards, including the EISA Award, CES Innovation Award, and iF Design Award etc. 2. Innovative Product Platforms The company has a proven track record in designing, engineering, and manufacturing high-quality audio-visual equipment for global clients. Its experienced international team—core members having over 20 years of industry experience at leading audio brands—provides deep insights into new technologies and new product development processes. The team has led innovations across high-resolution multimedia players, hi-fi amplifiers, wireless and smart hi-fi speakers, wired and wireless home theater systems, residential and commercial custom installation audio systems, innovative audio products, audio IoT modules, and AIoT smart devices. Its innovative product platforms help clients capture market opportunities, create differentiated and valuable products, and accelerate time-to-market. 3. International Presence The company operates multiple overseas subsidiaries in Hong Kong (China) , the U.S., Denmark, Sweden, Australia, Japan, Vietnam, and India, possessing advantages in international layout. Its global-oriented teams provide a deep understanding of international technological trends and customer needs, enabling close collaboration with clients. This global setup enhances technical responsiveness, strengthens client trust, and broadens sales channels. 4. Strong Customer Base Since its establishment, the company has provided integrated services—from product idea, design, development and engineering, to delivery—for international leading audio brands. Long-standing collaborations with well-known clients have enhanced its industry reputation and influence, helping to attract new clients and expand into new adjacent application fields. The company emphasizes rapid response to client needs, maintaining strong relationships and improving competitiveness. With the smart audio industry in China growing rapidly, the company has been extending its customer base beyond the traditional audio sector. In addition to its strong position in personal, home, and commercial audio-visual applications segments, it has developed new audio applications in smart home, smart health, and smart education through its innovative smart audio technologies and solutions. 5. Strong Manufacturing and Quality Assurance capability The company operates large-scale factories with dozens of production lines and multiple units, meeting diverse manufacturing needs. Its flexible production system supports orders ranging from hundreds to millions of units, ensuring timely and efficient delivery. Its experienced production engineering team can independently design and manufacture tools, fixtures, and testing solutions, ensuring high-quality and efficient production. The company also developed the Hansong Testing System (HTS), an automated testing system that streamlines testing processes and improves efficiency. The system provides advanced data collection and management functions, ensuring accuracy, reliability, and traceability. The company's comprehensive quality assurance system covers the entire chain—from R&D to production to delivery—ensuring that products consistently meet customer expectations. Over the years, Hansong's product quality and assurance capabilities have been highly recognized by clients worldwide.
Full description
1.Industry The company is primarily engaged in the development of audio-related technologies, as well as the design, R&D, and manufacturing of audio equipment and products. According to the Industrial Classification for National Economic Activities (GB/T4754-2017) issued by the National Bureau of Statistics of China, the company operates in the "C39 Computers, Communication Equipment, and Other Electronic Equipment Manufacturing" sector, specifically under "C3952 Audio Equipment Manufacturing". 2.Industry Development and Trends Audio equipment and products are widely applied across diverse fields and categories. By application scenarios: They can be classified into personal audio products, home hi-fi audio products and systems, home theater products and systems, custom-installed home audio systems, commercial audio systems, and in-car audio systems. By product functionality: They can be classified into microphones, headphones, multimedia players, audio-video processors, audio power amplifiers, loudspeakers, and active speaker systems. Thanks to strong market demand, relatively low costs, a complete supply chain system, advanced logistics networks, and abundant technological and engineering talent, China has become the world's largest production base for electronic audio equipment. The country leads the world in production capacity and output of headphones, speakers, amplifiers, and microphones. According to the China Audio Industry Association, in 2024, the total output value of China's electronic audio industry reached approximately CNY 382.3 billion, representing a year-on-year increase of 5.37%. Exports of major products amounted to around USD 36.2 billion, up 4.4% year-on-year. (1)High-Performance Audio Equipment Segment In the home audio market, according to a Markets and Markets research report, the global hi-fi audio market size is projected to grow to USD 17.5 billion by 2025. Technavio estimates that the global home theater market will grow to USD 43.5 billion by 2025. Statista forecasts that the global custom-installed audio market will expand to USD 18.6 billion by 2027. The company's core products are high-performance audio products and systems for both household and commercial use, with home entertainment as the core application. In European and American markets, consumers value entertainment and leisure experiences, and due to generally larger home sizes, high-end home audio systems such as hi-fi audio, home theaters, or customized installations are often integrated into home renovations or new housing to achieve high-quality audiovisual experiences and enhance living standards. (2)Innovative Audio Segment The development of streaming, wireless and networked audio transmission, IoT, and AI technologies presents massive opportunities for functional and performance upgrades in audio products. Advances in streaming and transmission technologies have created new scenarios such as portable and multi-zone playback. IoT drives inter-connectivity, enabling a shift from standalone smart devices toward scenario-based smart ecosystems, achieving multi-device, low-latency collaboration. AI provides huge amounts of content and natural interaction, allowing smart audio devices to better understand user intent and deliver tailored content and services. Innovative audio products that integrate voice, AI, and customization can deliver more precise and personalized interactive experiences, significantly improving user engagement and expanding the smart hardware market. Emerging innovative audio hardware will become the key growth driver of audio industry. 3.Company's Main Business and Products The company specializes in audio-related technology development and designing, engineering, and manufacturing of audio equipment and products. It collaborates with globally recognized audio brands through ODM business model, positioning itself as a leading integrated supplier of high-end audio products, innovative audio products, and turnkey solution provider for demanding or new scenarios. The company provides one-stop R&D, design, and manufacturing services for well-known international audio brands and cross-industry leading brands. The company's main product portfolio includes: (1)High-performance audio products: home hi-fi, home theater, and custom-installed audio products and systems for both residential and commercial use. (2)Innovative audio and AIoT smart products: children's smart speakers, multi-functional smart docks, gaming audio systems, audio IoT modules, etc. (3)Other products: amplifier modules, audio accessories, molds, etc. In the second half of the year, the company will continue to focus on building entire technology chain covering "audio sound capture – audio source acquisition – audio signal transmission – audio signal processing and amplification – sound reproduction – cloud-edge-device collaboration system – artificial intelligence". It aims to develop and own core technologies and expertise in high-performance signal processing and amplification, multi-protocol audio transmission, cloud-edge-device collaboration, and intelligent interaction, creating technical advantages with capability of supplying from core modules to complete scenario solutions. Looking ahead, the company will continue to pursue its "1+2+3+4" growth strategy: 1.The company will keep focus on technology and business development in audio industry, with technology and product innovation as the core drivers; will continuously invest in R&D to ensure core technology upgrades; and will deeply research and develop AI technology and applications, to keep its leading position in high-end audio market and expand its business in consumer audio market. 2.The company will execute Dual-Markets expansion strategy, strengthening both overseas and domestic market business developments. 3.The company will enhance its full-chain audio technology and capability advantage, to expand revenue from three business lines: audio IoT modules, finished audio products, and intelligent audio ecosystems. 4.With a strong emphasis on innovation, the company will broaden applications of its products and solutions, targeting new growth areas. The company's development has been engaged in three segments including home audio segment, commercial audio segment and personal audio segment, and will develop in-car audio systems as the fourth segment.