工信部发文，严控新上低技术水平印制电路板项目

Industry Overview - The Ministry of Industry and Information Technology has solicited opinions on the regulatory conditions and announcement management measures for the printed circuit board (PCB) industry, emphasizing the need to strictly control the introduction of low-technology projects that merely expand capacity [1] - The PCB industry is recognized as a foundational support for the electronic information industry, with expectations for the global market size to reach USD 96.8 billion by 2025, with China contributing over 50% of the output value [1] - The industry is projected to maintain a compound annual growth rate of approximately 5.2% over the next five years, with a focus on high-end, intelligent, and green development [1] Technological and Market Trends - The application scenarios for PCBs are expected to broaden continuously due to advancements in AI technology, 5G communication, smart vehicles, and data centers, indicating ongoing opportunities for technological upgrades [1] - The industry is encouraged to develop clusters and build well-equipped industrial parks, promoting technological and management innovation to enhance product quality and production efficiency while reducing costs [1] Company Insights - Relevant A-share concept stocks include Chongda Technology and Mankun Technology, which are positioned within the PCB industry [2]