Group 1 - The core viewpoint of the news highlights that the PCB industry is experiencing significant growth, with over ten listed companies, including Shengyi Electronics, reporting high performance in their third-quarter results or forecasts for the first three quarters [1] - The expansion trend in the PCB sector is shifting from manufacturing to upstream equipment and materials, indicating a transformation driven by AI towards high-end products in this traditional industry [1] - Guojin Securities notes that if M9 is confirmed, it will lead to material upgrades, such as a potential shift towards HVLP4 copper foil and the use of Q fabric combined with second-generation fabric for electronic cloth [1] Group 2 - Guotai Haitong Securities previously pointed out that the company is one of the leading manufacturers in the copper-clad laminate industry, with an integrated layout of upstream materials creating differentiated barriers [2] - The upgrade of electronic cloth and copper foil is expected to contribute to the company's performance growth momentum, alongside the optimistic outlook for the traditional supply-demand pattern and new pricing trends in copper-clad laminates [2] - Kaisheng Securities indicates that the company has successfully developed HVLP3 copper foil and ultra-thin VLP copper foil for IC packaging substrates, with high-end copper foil already certified for use by several top-tier global customers [2]
港股异动 | 建滔积层板(01888)涨超6% PCB产业链景气向上 机构看好其业绩增长势能