AI热潮下，产能备战再升级！这一PCB上市企业3亿布局高端PCB

Group 1 - Kexiang Co., Ltd. plans to raise up to 300 million yuan through a simplified procedure for issuing shares to specific investors, with the funds allocated for upgrading high-end server PCB production lines and supplementing working capital [1] - The total investment for the PCB production line upgrade project is 250 million yuan, with 240 million yuan expected to be funded from the raised capital, and the project is set to take 18 months to complete [1] - The project is projected to generate an average annual sales revenue of 239 million yuan and an average annual net profit of approximately 21.55 million yuan, with a post-tax internal rate of return of 15.48% and a payback period of 6.43 years [1] Group 2 - The upgrade project will involve the iteration of production facilities and the acquisition of new equipment to maintain the overall production capacity of the existing plant [2] - After completion, the company will have an annual production capacity of 100,000 square meters for high-end server PCBs, optimizing product structure and expanding market applications [2] - The demand for high-end PCBs is expected to rise significantly due to the increasing computational power requirements driven by advancements in artificial intelligence [2] Group 3 - Other industry players are also investing in high-end PCB production, with companies like Aoshikang planning to raise 1 billion yuan for similar projects, and Sihui Fushi starting a 3 billion yuan project focused on high-reliability circuit boards [3] - Despite the rapid expansion of domestic manufacturers, the release efficiency of high-end PCB capacity is expected to lag behind demand growth, leading to a persistent supply-demand gap [3] - The demand for high-layer PCBs is projected to grow at an annual rate of 16.7%, with the market size increasing from 1.3 billion USD in 2020 to 2.5 billion USD by 2024, but only a few manufacturers can meet the production capacity requirements [3]