智通财经网·2026-02-11 02:00Core Viewpoint - The stock prices of Jiantao Group and Jiantao Laminates have risen significantly, driven by increased demand for high-end copper-clad laminates due to AI computing power and product price increases [1] Group 1: Company Performance - Jiantao Laminates (01888) saw an increase of 8.97%, reaching HKD 18.35, while Jiantao Group (00148) rose by 4.34%, reaching HKD 35.1 [1] - The report from Dongguan Securities indicates that the performance of copper-clad laminates is expected to grow rapidly by 2025 due to high demand and price increases [1] Group 2: Market Trends - The prices of raw materials remain high, and the overall operating rate of downstream PCB is high, which supports the growth of copper-clad laminate products [1] - The market share of copper-clad laminate manufacturers is relatively concentrated, suggesting that the trend of price adjustments for these products is likely to continue [1] Group 3: Growth Potential - The Rubin platform products are expected to adopt M8.5+ materials, with some segments potentially using higher-end M9 materials, significantly increasing the value of copper-clad laminate products [1] - The upgrade of copper-clad laminates will drive demand for high-end materials such as HVLP4 copper foil, LowDK second-generation cloth, and Q cloth, which are currently in tight supply [1] - Domestic companies are accelerating breakthroughs in the high-end copper-clad laminate and material sectors, indicating potential for continued benefits in the future [1]