VGT(SZ:300476) Zheng Quan Shi Bao·2025-07-13 17:28Core Viewpoint - The rapid development of AI technology is reshaping the investment landscape, particularly benefiting traditional manufacturing sectors like the PCB industry, with Shenghong Technology emerging as a key player with significant stock price appreciation [2][3][4]. Company Summary - Shenghong Technology's stock has surged over 10 times in the past year and a half, making it one of the top-performing stocks in the A-share market [3][4]. - The company has shown strong performance driven by AI and smart driving demands, with its high-end products gaining traction in AI-related PCB and automotive electronics [4][5]. - Shenghong Technology's stock price has increased by over 200% this year, reflecting its status as a leading growth company in the PCB sector [4][6]. Industry Summary - The PCB industry is positioned to benefit significantly from the AI boom, with increasing demand for specialized components driven by advancements in AI infrastructure [5][6]. - The market for AI servers is expected to grow at a compound annual growth rate of over 50% in the next two years, further boosting demand for PCB products [5][6]. - Traditional manufacturing sectors, including PCB, are experiencing a "second spring" due to the integration of new technologies, leading to renewed growth opportunities [7][8]. - The overall PCB market is witnessing a surge in demand, with leading manufacturers reporting strong order volumes and revenue growth [6][8].