Jin Rong Jie·2026-01-24 04:36Core Viewpoint - Shenghong Technology is actively engaging with institutional investors and showcasing its commitment to embracing AI and technological advancements in the PCB manufacturing sector, aiming to solidify its position as a key partner for leading tech companies globally [1][2]. Group 1: Company Overview - Shenghong Technology (300476) reported a latest stock price of 264.31 yuan, down by 10.58 yuan or 3.85% from the previous trading day, with a total market capitalization of 230.04 billion yuan [1]. - The company operates in the electronic components industry, which has an average rolling P/E ratio of 91.98, with Shenghong's P/E ratio at 63.29, ranking 51st in the industry [1]. Group 2: Production and Capacity Expansion - The company is currently experiencing a strong order backlog, maintaining a good capacity utilization rate while actively pursuing expansion efforts [2]. - Domestic capacity expansion includes the phased production of the Huizhou factory's fourth project, with the tenth and eleventh projects progressing as planned [2]. - Internationally, the first phase of the A1 building upgrade at the Thailand factory was completed in March 2025, with the second phase of high-end capacity now in production verification [2]. Group 3: Technological Advancements - Shenghong Technology has the capability to mass-produce high-precision circuit boards with over 70 layers and is among the first globally to achieve large-scale production of 6-stage 24-layer AI computing data center products [2]. - The company is also advancing the R&D certification of 10-stage 30-layer HDI technology [2]. Group 4: Financial and Investor Relations - As of January 20, 2026, Shenghong Technology had 203,050 shareholders, an increase of 15,751 from the last count, with an average holding value of 1.1329 million yuan and an average shareholding of 4,300 shares [2]. - The Ruiyuan Growth Value Mixed A fund, which holds shares in Shenghong Technology, reported a latest net value of 2.0094 yuan, with a one-year return of 74.90% and a three-year return of 25.87% [3].