兴森科技：公司2025年上半年PCB业务毛利率为26.32%

Core Viewpoint - The company, Xingsen Technology, indicated that product prices are determined by market demand and specific order requirements, reflecting a flexible pricing strategy [1] Group 1: Financial Performance - The gross margin for the PCB business in the first half of 2025 is reported to be 26.32%, highlighting its significance as a major source of revenue and profit for the company [1] - The gross margin for the semiconductor test board business stands at 39.09%, indicating strong profitability in this segment [1] Group 2: Market Trends - The CSP packaging substrate business is experiencing a recovery in orders due to the resurgence in the downstream storage chip and consumer sectors, leading to an improvement in gross margins [1]