Sytech(SH:600183) Zheng Quan Shi Bao Wang·2025-08-27 13:44Core Viewpoint - The company, Shengyi Technology, reported strong financial performance in the first half of the year, driven by increased demand and strategic adjustments in product offerings, particularly in the AI and high-end PCB markets [1][2]. Financial Performance - Shengyi Technology achieved operating revenue of 12.68 billion yuan, a year-on-year increase of 31.68% [1]. - The net profit attributable to shareholders reached 1.426 billion yuan, reflecting a growth of 52.98% compared to the previous year [1]. - The company's net profit for the first half of the year was 4.52 times higher than the same period last year [1]. Market Trends and Opportunities - The global electronics industry is expected to improve by 2025, with the PCB market projected to reach a total value of 79.1 billion USD, growing at a rate of 7.6% [2]. - Key growth drivers in the PCB market include servers, AI servers, and data centers, with significant demand also seen in HDI boards and automotive applications, particularly in smart driving [2]. Product Development and Innovation - Shengyi Technology has developed a full range of high-speed copper-clad laminates tailored for various transmission rates, catering to applications in servers, data centers, and communication devices [3]. - The company invested 643 million yuan in R&D, marking a 36% increase year-on-year, and has successfully certified low-loss products with multiple domestic and international clients [3]. - Future research will focus on addressing critical technological challenges and developing high-value-added products for sectors such as AI servers, 5G antennas, and smart home devices [3].