FOUNDERTECH(SH:600601) Zheng Quan Shi Bao Wang·2025-11-07 12:53Core Viewpoint - The company is investing 1.364 billion yuan in an AI expansion project at its Chongqing production base to meet the surging demand for high-end printed circuit boards (PCBs) driven by advancements in information technology and AI applications [1][2]. Group 1: Investment and Expansion - The total investment for the Chongqing AI expansion project is 1.364 billion yuan [1]. - The project aims to enhance production capacity and manufacturing levels by constructing new industrial buildings and introducing advanced equipment [2]. - The internal rate of return (IRR) for the project is projected at 19.92%, with a payback period of 5.69 years, indicating strong economic benefits [2]. Group 2: Market Demand and Product Focus - There is an explosive growth in demand for high-end PCBs in sectors such as high-speed switches, AI servers, and 5G base stations, particularly for products like 400G, 800G, and 1.6T switches [1]. - The expansion will strategically optimize the product structure, allowing the company to better meet the needs of emerging fields like AI, cloud computing, and big data [2]. - The company specializes in high-frequency, high-speed, and high-density interconnect PCBs, which are essential for high-end applications [1][2]. Group 3: Industry Position - According to the CPCA, the company ranks 29th in the comprehensive PCB 100 list and 16th in the domestic PCB 100 list, highlighting its significant market presence [3]. - PCBs are critical components in electronic products, serving as the foundation for electrical connections and supporting electronic components, thus being referred to as the "mother of electronic system products" [3].