Core Viewpoint - ChaoYing Electronics experienced a significant stock price increase of approximately 395.61% on its first day of trading, closing at 84.65 CNY per share, up from an initial offering price of 17.08 CNY per share [2][3]. Company Overview - ChaoYing Electronics was established in 2015 and specializes in the research, production, and sales of printed circuit boards (PCBs). The company has developed high-end PCB products, including high-layer boards, HDI boards, thick copper boards, metal substrates, and high-frequency boards [4]. - The company has obtained 14 invention patents and 85 utility model patents as of the end of 2024 [4]. Market Position and Partnerships - In the automotive electronics sector, ChaoYing's products meet the PCB needs across various vehicle components and have established long-term partnerships with renowned automotive suppliers such as Continental, Valeo, Bosch, and Aptiv [4]. - In the display sector, the company's products are used in LCD, OLED, and Mini LED panels, collaborating with leading manufacturers like BOE and LG Group [4]. - The storage sector includes partnerships with major hard drive manufacturers such as Seagate and Western Digital, as well as solid-state drive manufacturers like SK Hynix [4]. - The company has accumulated a diverse client base in consumer electronics and communications, including Logitech, Apple, Broadcom, and major EMS companies like Jabil, Flex, and Quanta [4]. Financial Performance - ChaoYing Electronics reported a revenue of 3.378 billion CNY for the first nine months of 2025, reflecting a year-on-year growth of 10.71%, driven by increased PCB demand in communication and storage sectors due to advancements in AI technology and data center upgrades [5]. Future Outlook - The chairman of ChaoYing Electronics, Huang Minghong, emphasized the company's commitment to maintaining a strong governance structure, utilizing raised funds effectively, and focusing on customer-centric innovation to enhance profitability and expand its core business [7][9]. - The company aims to build a global supply chain system with an annual production capacity exceeding 3.2 million square meters, leveraging its production bases in Hubei, Jiangsu, and Thailand [9].
大涨超395%！PCB领军企业超颖电子，今日上市