【业绩发布】鹏鼎控股披露11月合并营业收入

Core Viewpoint - PCB industry leader, Pengding Holdings, reported a short-term revenue fluctuation with a 5.58% decrease in consolidated revenue for November 2025 compared to the same month last year, amounting to approximately 381.935 million yuan [1][4]. Company Performance - Despite the monthly revenue adjustment, the overall performance remains stable with a growth trend. In 2024, the company achieved a revenue of 35.1 billion yuan, a year-on-year increase of 9.59%, and a net profit attributable to shareholders of 3.6 billion yuan, up 10.14% [3][7]. - For the first three quarters of 2025, the company continued its growth momentum, with cumulative revenue reaching 26.9 billion yuan, a 14.34% year-on-year increase, and a net profit of 2.4 billion yuan, reflecting a 21.95% growth [3][7]. Strategic Initiatives - The company is actively pursuing forward-looking strategic layouts to cultivate new growth drivers. It is investing 8 billion yuan to build the Huai'an Industrial Park, focusing on high-end PCB products for AI servers and high-performance computing, capitalizing on the incremental demand from the global AI industry [3][8]. - Through the acquisition of a 53.68% stake in Wuxi Huayang Technology, the company has successfully entered the automotive electronics sector, particularly in the high-density interconnect board market related to smart cockpits and autonomous driving, enhancing its business diversification and cyclical resilience [3][8]. Industry Outlook - The PCB industry is considered a cornerstone of the electronic information sector, with demand closely linked to technological innovation and industrial upgrades. The rapid development of emerging industries such as 5G communication, artificial intelligence, smart vehicles, and the Internet of Things is expected to continuously elevate the technical requirements and market demand for high-end PCB products, indicating long-term growth potential for the industry [4][8].