Avary Holding(SZ:002938) Zheng Quan Ri Bao Wang·2025-08-20 02:49Core Viewpoint - Pengding Holdings plans to invest a total of 8 billion yuan in the Huai'an Industrial Park to expand its production capacity for flexible circuit boards, targeting the rapidly growing AI application market [1][2]. Investment Details - The investment period is set from the second half of 2025 to 2028, with funding sourced entirely from the company's own funds [2]. - The purpose of the investment is to leverage the AI trend, utilizing the ONE AVARY product technology platform to accelerate the company's full industry chain layout in AI, enhancing overall competitiveness [2]. Impact on Company - The investment is expected to accelerate the layout of the company's AI product line, improve technical strength and mass production capabilities in the AI computing power field, and expand operational scale [2]. - In the first half of the year, the company achieved operating revenue of 16.375 billion yuan, a year-on-year increase of 24.75%, and a net profit attributable to shareholders of 1.233 billion yuan, up 57.22% year-on-year [2]. - The automotive and server board business generated revenue of 805 million yuan, marking a significant year-on-year growth of 87.42%, making it the fastest-growing segment [2]. - As of June 30, the company had cash and cash equivalents of 13.074 billion yuan and a debt-to-asset ratio of 29.24% [2].