嘉立创切入高端PCB领域，开启全球新一轮硬件创新周期

Core Insights - The recent launch of 64-layer ultra-high-density PCBs and HDI boards by Jialichuang at the 2025 Electronic Semiconductor Industry Innovation Development Conference marks a significant milestone in China's hardware innovation infrastructure [1] - The rapid iteration of hardware products is undergoing a "cell division" efficiency revolution, indicating that the Chinese hardware market is on the brink of a transformative "iPhone moment" [1][2] - This transformation is driven by innovations in foundational infrastructure, a thriving talent ecosystem, and upgraded market demand, with companies like Jialichuang playing a crucial role as "builders" and "accelerators" [1][5] Hardware Innovation - Hardware innovation has historically been characterized as "slow" and "heavy," but recent developments are changing this perception [2] - Jialichuang's innovative "group order" concept has significantly reduced the cost of single prototype samples from hundreds to tens of yuan and shortened delivery times from weeks to as fast as 12 hours, stimulating innovation [5] - The reduction in hardware R&D costs is opening new consumer markets, with Jialichuang achieving nearly 8 billion yuan in revenue and 999.8 million yuan in net profit in 2024, reflecting year-on-year growth of 18.55% and 35.19% respectively [7] Advanced PCB Technology - The newly released ultra-high-layer PCBs and HDI boards are essential for high-performance applications in aerospace, 5G communication, medical electronics, servers, and data centers [8][10] - The ultra-high-layer PCBs can reach a thickness of 5.0mm with a high aspect ratio of 20:1, and the minimum line width can reach 3.5mil, meeting complex circuit integration and signal integrity requirements [10] - Jialichuang's ability to deliver ultra-high-layer PCB samples in as little as 8 days, at a cost approximately 50% lower than competitors, showcases its advanced innovation capabilities [12] Talent Ecosystem - The innovation in hardware is supported by a growing talent pool, with many young entrepreneurs emerging from academic backgrounds, particularly in robotics [13][14] - Jialichuang has become a trusted partner for these young innovators, providing comprehensive services from PCB design to rapid prototyping, facilitating the transition from concept to reality [14][16] - The number of registered robotics-related companies in China has surged, with nearly 1 million existing firms and a significant increase in new registrations and financing events in 2025 [16][17]