Core Viewpoint - The company is expanding its production capacity across three locations in China and Thailand, focusing on differentiated product offerings to serve various regional markets and customer needs [2]. Group 1: Production Bases and Product Offerings - The Nanjing factory serves as the production base for East China, primarily focusing on high-frequency, high-speed, multi-layer, and high-density boards, targeting customers in the communication, industrial control, and automotive electronics sectors [2]. - The Zhuhai factory is positioned as a smart manufacturing center for South China and a new product trial center, emphasizing advanced technologies such as high multi-layer boards, high-end boards, rigid-flex boards, and embedded component boards, with a focus on emerging fields like AI power servers and robotics [2]. - The Thailand factory is designated as an overseas production base, mainly producing double-sided and multi-layer boards, catering to overseas customers in the industrial control and security sectors [2].

Core Viewpoint - The production operation of Zhuhai Shuo Hong factory is aligned with the established production goals, and the factory has completed rectification and commenced operations on schedule, with capacity ramp-up progress meeting or slightly exceeding expectations, high capacity utilization, and full order backlog [1] Group 1 - The factory has commenced operations as planned [1] - Capacity ramp-up progress is in line with or slightly better than expectations [1] - The factory is experiencing high capacity utilization and a full order backlog [1]

Core Viewpoint - The company has successfully completed the renovation of the Zhuhai Shuo Hong factory and is currently ramping up production, with capacity utilization rates being high and order volumes being full [1]. Group 1 - The Zhuhai Shuo Hong factory has commenced operations as planned, aligning with the company's production goals [1]. - The ramp-up progress of the factory's production capacity is meeting or slightly exceeding expectations [1]. - The current capacity utilization rate is reported to be high, indicating strong demand and order fulfillment [1].

Group 1 - The core viewpoint of the news is that Benchuan Intelligent has seen a stock price increase of 5.11%, reaching 43.59 CNY per share, with a total market capitalization of 3.369 billion CNY [1] - Benchuan Intelligent specializes in the research, production, and sales of printed circuit boards, with 92.30% of its revenue coming from this main business and 7.70% from other supplementary activities [1] - The company is located in Nanjing, Jiangsu Province, and was established on August 23, 2006, with its listing date on August 5, 2021 [1] Group 2 - Among the top circulating shareholders of Benchuan Intelligent, a fund under Dacheng Fund ranks as a significant stakeholder, holding 382,200 shares, which accounts for 0.69% of the circulating shares [2] - The Dacheng CSI 360 Internet + Index A fund has achieved a year-to-date return of 29.3% and a one-year return of 48.81%, ranking 1382 out of 4219 and 738 out of 3866 respectively in its category [2] - The fund manager, Xia Gao, has a tenure of 10 years and 322 days, with the fund's total asset size currently at 2.26 billion CNY [2]

Core Viewpoint - The company, 富吉瑞, announced a plan to repurchase a portion of its issued A-shares through centralized bidding, with the intention of using the repurchased shares for employee stock ownership plans or equity incentives in the future [1] Summary by Relevant Sections - **Repurchase Details** - The repurchase amount will be no less than RMB 10 million and no more than RMB 20 million [1] - The repurchased shares are intended to be transferred back within three years after the completion of the buyback [1]

Core Viewpoint - The company is making significant progress in upgrading its Zhuhai Shuo Hong factory to enhance digitalization, automation, and overall production efficiency to meet customer demands for high-quality products and timely delivery [1] Group 1: Factory Upgrade and Automation - The company is successfully advancing the renovation of the Zhuhai Shuo Hong factory [1] - Continuous upgrades to production equipment are being implemented to improve digital, informational, automated, and intelligent levels of the production line [1] - The goal is to create a first-class digital factory in South China that is intelligent, automated, and lean [1] Group 2: Production Efficiency and Quality - The company is optimizing production processes through information technology to enhance production precision and efficiency [1] - Ensuring controllability throughout the production process is a priority to maintain high product quality and delivery capabilities [1] - The company aims to keep product yield at a high level, thereby strengthening its core competitiveness and maximizing economies of scale [1]

Core Viewpoint - Zhuhai Suohong aims to achieve an annual production capacity of 400,000 square meters, with a focus on equipment investment, personnel recruitment and training, and supply chain development to meet this target [1] Group 1 - Benchuan Intelligent plans to invest in Zhuhai Suohong to establish a new production project with an annual capacity of 300,000 square meters for intelligent circuit products [1] - The construction period for the new project is estimated to be 2 years, during which new factory buildings and advanced production line equipment will be installed [1] - The project will integrate the company's information management system and will focus on creating an automated production environment that meets customer factory inspection standards [1]

Group 1 - The core viewpoint of the news is that Benchuan Intelligent has shown a mixed performance in terms of financing and stock trading, with a slight increase in stock price and notable financing activities [1] - As of October 9, Benchuan Intelligent's stock price increased by 0.02%, with a trading volume of 97.74 million yuan [1] - The financing data indicates that on the same day, the company had a financing buy amount of 9.98 million yuan and a financing repayment of 11.83 million yuan, resulting in a net financing outflow of 1.85 million yuan [1] Group 2 - As of June 30, the number of shareholders of Benchuan Intelligent reached 15,000, an increase of 2.20% compared to the previous period [2] - The company reported a revenue of 380 million yuan for the first half of 2025, representing a year-on-year growth of 36.91%, and a net profit attributable to shareholders of 21.46 million yuan, up 37.33% year-on-year [2] - Since its A-share listing, Benchuan Intelligent has distributed a total of 61.35 million yuan in dividends, with 38.16 million yuan distributed over the past three years [2]

Core Viewpoint - The company has established a strong competitive advantage in the industrial control sector through deep partnerships with leading downstream enterprises and a robust portfolio of self-developed core technologies [1] Group 1: Company Strategy - The company has a diverse range of products that are widely applied in industrial robots and automated production lines [1] - Future plans include deepening cooperative relationships, enhancing process technology levels, and improving production management capabilities [1] - The company aims to improve product quality, shorten delivery times, and increase customer service satisfaction to meet personalized and diverse product demands [1]

Core Viewpoint - The demand for PCB products in the electric vehicle sector is evolving towards high performance, high reliability, and system integration, necessitating improvements in insulation performance, voltage rating, and current-carrying capacity [1] Company Developments - The company is leveraging its long-term technological accumulation to actively develop new products, including layered rigid-flex boards, high-precision embedded component circuit boards, and embedded copper boards [1]