建滔积层板(01888)涨幅扩大逾6%，截至发稿，涨6.17%，报12.22港元，成交额1.04亿港元。 国金证券发布研报称，根据11月跟踪，整个PCB产业链景气度判断为"保持高景气度"，主要原因来自于 汽车、工控随着政策补贴加持同时AI开始大批量放量，并且从当前的能见度观察来看，四季度有望持 续保持较高的景气度状态，中低端原材料和覆铜板在四季度又迎来一轮涨价，我们预计覆铜板涨价已经 走到了斜率有望变高的重要时间点，建议保持密切观察。 消息面上，继台湾南亚塑胶11月发布涨价函之后，12月1日，覆铜板巨头建滔积层板发出涨价通知。通 知称，由于目前铜价高企，原铜难求，玻璃布供应亦十分紧张。迫于成本压力，故将从即日接单起对旗 下覆铜板全系列产品价格进行上调，涨幅区间为5%至10%。 ...

消息面上，继台湾南亚塑胶11月发布涨价函之后，12月1日，覆铜板巨头建滔积层板发出涨价通知。通 知称，由于目前铜价高企，原铜难求，玻璃布供应亦十分紧张。迫于成本压力，故将从即日接单起对旗 下覆铜板全系列产品价格进行上调，涨幅区间为5%至10%。 国金证券发布研报称，根据11月跟踪，整个PCB产业链景气度判断为"保持高景气度"，主要原因来自于 汽车、工控随着政策补贴加持同时AI开始大批量放量，并且从当前的能见度观察来看，四季度有望持 续保持较高的景气度状态，中低端原材料和覆铜板在四季度又迎来一轮涨价，我们预计覆铜板涨价已经 走到了斜率有望变高的重要时间点，建议保持密切观察。 智通财经APP获悉，建滔积层板(01888)涨幅扩大逾6%，截至发稿，涨6.17%，报12.22港元，成交额1.04 亿港元。 ...

Summary of Key Points from Kingboard Laminates (1888.HK) Management Call Company Overview - **Company**: Kingboard Laminates (1888.HK) - **Industry**: Printed Circuit Board (PCB) and Copper Clad Laminate (CCL) manufacturing - **Profile**: Kingboard is a leading global supplier of CCL and upstream raw materials, including glass fiber, copper foil, and epoxy resin, with over 20 plants worldwide, primarily in China and Thailand [3][4] Core Insights 1. **Vertical Integration as a Strength**: - Kingboard's vertically integrated manufacturing process allows it to produce both CCL and upstream raw materials, enhancing manufacturing efficiency and cost control [4][8] - This integration is viewed as a key competitive advantage, enabling Kingboard to offer cost-effective products [4][7] 2. **Expansion into High-End Products**: - Management highlighted a strategic shift towards high-value-added products, particularly in the consumer electronics, home appliances, and automotive sectors [8] - Kingboard is focusing on R&D and sales of raw materials for high-end CCL, such as low-DK glass fiber, to improve signal integrity and meet market demand [8][9] 3. **Capacity Expansion Plans**: - Kingboard is actively expanding its CCL and raw material capacity, with plans to add 1,500 tons of copper foil monthly in mainland China by 2025 to cater to rising demand from data centers [9] - Additional investments in low-DK glass fiber yarn manufacturing are planned to support future CCL growth and meet client supply chain diversification needs [9] 4. **Market Demand and Future Outlook**: - Despite current low revenue contributions from data communication, management is optimistic about the rising demand for high-end CCL products, particularly in data communications and AI applications [2][8] - The company aims to leverage its vertical integration and economies of scale to enhance profitability and market presence [4][8] Additional Important Points - **Global Expansion**: Kingboard's capacity expansion in Thailand is part of a strategy to enhance its global footprint and better serve overseas markets amid macroeconomic uncertainties [9] - **Client Base**: Kingboard's major clients include its parent company, Kingboard Holdings, which also produces PCBs, indicating a strong inter-company relationship [3] This summary encapsulates the key takeaways from the management call, focusing on Kingboard's strategic initiatives, market positioning, and future growth prospects in the PCB and CCL industry.

建滔积层板(01888)发布公告，公司董事于2025年12月17日行使优先购股权获发行合共75万股股份。 ...

智通财经APP讯，建滔积层板(01888)发布公告，公司董事于2025年12月17日行使优先购股权获发行合共 75万股股份。 ...

公司董事于2025年12月17日行使优先购股权(根据公司2017年 5月29日采纳的优先购股权计划授予)获发 行50万股份 格隆汇12月17日丨建滔积层板(01888.HK)公布，公司董事于2025年12月17日行使优先购股权(根据公司 2017年5月29日采纳的优先购股权计划授予)获发行25万股份。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 第 2 頁 共 6 頁 v 1.3.0 公司名稱： 建滔積層板控股有限公司 呈交日期： 2025年12月17日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 01888 | 說明 | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | 每股 ...

Group 1 - The core viewpoint of the news highlights the price increase of copper-clad laminate products due to rising copper prices and tight supply of glass fabric, with specific increases of 5% for CEM-1/22F/V0/HB products and 10% for FR-4 and PP products [1] - The current high raw material prices and high operating rates of downstream PCB manufacturers suggest that the trend of price adjustments for copper-clad laminate products is likely to continue [1] - The growth potential is expected to increase significantly next year as new platform products from the GPU and ASIC camps begin to adopt M8.5+ materials, which will enhance the value of copper-clad laminate products [1] Group 2 - The HKPCA Show 2025 is set to take place on December 3 at the Shenzhen International Convention and Exhibition Center, where Kingboard Laminates will showcase high-end solutions that align with the demands of AI and automotive electronics [1] - Kingboard Laminates will prominently feature innovative solutions covering AI servers, IC substrates, and automotive electronics, all backed by clear technical support and market validation [1]

Core Viewpoint - The stock price of Jiantao Laminates (01888) has increased by over 4%, currently at HKD 12.37, with a trading volume of HKD 180 million, driven by price hikes in copper-clad laminate products due to rising copper prices and tight supply of glass fabric [1] Price Adjustments - Following an 8% price increase by Taiwan's Nanya Plastics for all copper-clad laminate products in November, Jiantao Laminates has announced a new round of price increases this week [1] - CEM-1/22F/V0/HB products have seen a price increase of 5%, while FR-4 and PP products have increased by 10% [1] Market Conditions - Raw material prices remain high, and downstream PCB manufacturers are operating at high capacity, indicating that the trend of price adjustments for copper-clad laminate products is likely to continue [1] - The growth potential is significant as new platform products in the GPU and ASIC sectors are expected to adopt M8.5+ materials next year, which could substantially enhance the value of copper-clad laminate products [1] Industry Events - The 2025 International Electronic Circuit (HKPCA Show) is set to begin on December 3 at the Shenzhen International Convention and Exhibition Center, where Jiantao Laminates will showcase its high-end solutions [1] - The company’s offerings are aligned with the demands of high-end applications such as AI and automotive electronics, featuring core products that have clear technical support and market validation [1]

Core Viewpoint - The stock price of Jiantao Laminates (01888) has increased by over 4%, currently at HKD 12.37, driven by price hikes in copper-clad laminate products due to rising copper prices and tight supply of glass fabric [1] Price Adjustments - Jiantao Laminates has announced a new round of price increases for its products, with CEM-1/22F/V0/HB products rising by 5% and FR-4, PP products increasing by 10% [1] - The price adjustments are influenced by high raw material costs and strong operational rates among downstream PCB manufacturers, indicating a potential continuation of the price increase trend [1] Growth Potential - The value of copper-clad laminate products is expected to significantly increase next year as new platform products in the GPU and ASIC sectors begin to adopt M8.5+ materials [1] - Companies that benefit from the price increase of copper-clad laminates and possess high-end product reserves are recommended for attention [1] Industry Events - Jiantao Laminates is showcasing its high-end solutions at the 2025 International Electronic Circuit (HKPCA Show) in Shenzhen, aligning with the demands of AI and automotive electronics [1] - The core product matrix presented at the exhibition is supported by clear technological backing and market validation [1]