VGT(SZ:300476) Sou Hu Cai Jing·2025-07-30 12:48Group 1 - The core point of the article is that Shenghong Technology, a leading PCB manufacturer, is planning to issue H-shares and list on the Hong Kong Stock Exchange, with a potential fundraising scale of approximately $1 billion [2][4] - Shenghong Technology's stock price surged by 21.68% over two days prior to the announcement, with significant institutional buying, indicating strong market interest [2][3] - The company reported a revenue of approximately 10.731 billion yuan in 2024, a year-on-year increase of 35.31%, and a net profit of about 1.154 billion yuan, up 71.96% [3] Group 2 - Shenghong Technology's overseas sales accounted for about 65% of total revenue in 2024, with this proportion increasing to 82.95% in the first quarter of the current year [4] - The company is actively pursuing a global expansion strategy, with recent investments in AI HDI projects in Vietnam and high-layer PCB projects in Thailand [4][5] - The company's stock price reached a record high of 193.26 yuan per share on July 30, 2023, reflecting the impact of the AI boom [7] Group 3 - The controlling shareholders of Shenghong Technology, Chen Tao and Liu Chunlan, have recently reduced their holdings, realizing significant profits as the stock price increased [6][8] - Institutional investors have also participated in the stock's rise, with a notable investment that has doubled in value within two months [8] - Chen Tao and Liu Chunlan have entered the 2025 Hurun Global Rich List, with a combined wealth of 13 billion yuan [9]