Xin Lang Cai Jing·2026-02-26 10:27Group 1 - XianDao Intelligent is a key player in high-end intelligent equipment, focusing on precision manufacturing and automation solutions, particularly in the PCB industry [1] - The company provides high-precision cutting, forming, and testing automation equipment for the PCB industry, enhancing production efficiency and yield for high-end products [1] - With the acceleration of AI server and data center construction, the demand for high-end processing equipment in the PCB industry continues to rise [1] Group 2 - Fangzheng Technology has a state-owned background and long-term industry accumulation in the electronic information field, focusing on the R&D, production, and sales of printed circuit boards (PCBs) [2] - The company is upgrading its PCB production lines, emphasizing high-layer and high-frequency boards to meet the demands of 5G communication and industrial internet [2] - Fangzheng Technology maintains a stable market position in the communication and industrial control PCB sectors, providing reliable PCB supply to downstream equipment manufacturers [2] Group 3 - Helitai is a privately held company with a complete layout in electronic components and display modules, focusing on FPC flexible circuit boards and rigid PCBs [3] - The company invests in automotive PCBs and flexible boards, enhancing performance to meet the increasing electronic penetration in new energy vehicles [3] - Helitai leverages its vertically integrated supply chain to optimize cost control and product yield, aligning with the trends of lightweight and high-reliability terminal devices [3] Group 4 - Nord shares focus on copper-based new materials and is a significant player in the domestic copper foil industry, with high-precision electrolytic copper foil as a core product [4] - The company is investing in high-end PCB copper foil R&D and production, optimizing thickness uniformity and surface roughness to meet market demands [4] - Nord shares are deeply integrated with the PCB upstream supply chain, supporting material upgrades in the industry [4] Group 5 - Beifang Copper Industry, controlled by local state assets, has integrated resource and processing advantages, focusing on cathode copper, copper rods, and copper foil [5] - The company is enhancing copper material purity and processing precision, developing ultra-thin PCB copper foil to meet stringent requirements for HDI and high-layer boards [5] - Beifang Copper Industry provides stable, high-quality basic material supply to the PCB industry, supporting the domestic material supply chain [5] Group 6 - Tongling Nonferrous Metals is a leading copper smelting and processing enterprise in China, with a complete industry chain from mining to processing [6] - The company focuses on PCB copper foil, which is crucial for the production of printed circuit boards, and is increasing its investment in high-end copper foil products [6] - Tongling Nonferrous Metals is also developing recycled copper business to promote green manufacturing in line with the PCB industry's low-carbon development trend [7] Group 7 - Huagong Technology, with strong technical research and development capabilities, provides laser processing equipment and high-end manufacturing solutions for the PCB industry [8] - The company’s products meet the high-precision processing needs of communication, server, and automotive electronics PCBs, benefiting from the expansion of the PCB industry driven by AI computing power [8][9] - Huagong Technology is positioned favorably in the domestic PCB equipment market, contributing to the industry's manufacturing level and production efficiency [8] Group 8 - Shenghong Technology specializes in high-end PCB products, including HDI and high-frequency boards, serving major clients in various sectors [9] - The company maintains high production efficiency and product stability, with a strong order backlog driven by the demand for AI servers [9] - Shenghong Technology is advancing its automotive PCB certification and production expansion, solidifying its position in the domestic PCB market [9] Group 9 - Deep Kangjia A is a state-owned enterprise with a diversified technology platform, focusing on high-end PCB products for communication and industrial control applications [10] - The company leverages group resources to optimize its PCB business structure and enhance collaboration with key downstream clients [10] - Deep Kangjia A is positioned to benefit from the recovery of consumer electronics and the advancement of computing infrastructure, maintaining stable growth in the PCB sector [10] Group 10 - Guanjie Technology is a leading global player in the display field, extending its business into PCB and electronic components [11] - The company’s PCB products align with trends towards lightweight and high integration, supporting the growing demand in smart displays and automotive applications [11] - Guanjie Technology optimizes its PCB business quality through vertical integration, enhancing its competitive position in the electronic components market [11] Group 11 - Tiantong Co., Ltd. specializes in soft magnetic materials and high-end equipment, providing precision processing and testing equipment for the PCB industry [12] - The company’s products enhance circuit stability and anti-interference capabilities, supporting the production of high-end PCBs [12] - Tiantong Co., Ltd. benefits from its dual focus on materials and equipment, providing essential support to the PCB industry [12] Group 12 - Huhua Electric is a leading enterprise in the PCB industry, focusing on high-reliability PCB products for communication and automotive applications [13] - The company has a strong technical foundation in high-frequency and high-speed PCB fields, supplying major global communication and automotive clients [13] - Huhua Electric is positioned to expand its high-end order volume and production capacity, maintaining a leading position in the global PCB market [13][14] Group 13 - Xingsen Technology is a leader in PCB samples and small batch production, serving a wide range of R&D clients across various sectors [15] - The company’s rapid delivery capabilities and flexible production model are industry-leading, making it a crucial supply chain partner during product development stages [15] - Xingsen Technology is expanding its high-end PCB production capacity, tapping into the server and automotive electronics markets [15] Group 14 - Dongshan Precision is a significant player in precision manufacturing, leading in FPC and PCB sectors [16] - The company’s FPC products are widely used in smart terminals and automotive applications, driving its core growth [16] - Dongshan Precision is optimizing its product structure to maintain strong competitiveness in the flexible circuit board and automotive PCB markets [16] Group 15 - Liyuan Information is a leading distributor of electronic components, connecting upstream manufacturers with downstream electronic manufacturers [17] - The company provides a comprehensive supply chain and technical support for PCB manufacturers, playing a critical role in the industry [17] - Liyuan Information is enhancing its collaboration with the PCB supply chain, improving supply chain efficiency and cost control [17] Group 16 - China Jushi is a global leader in the fiberglass industry, with a focus on electronic-grade fiberglass for PCB applications [18] - The company’s products are essential for PCB performance, meeting the demands of high-frequency and high-speed applications [18] - China Jushi is positioned to support the domestic material supply chain and play a vital role in the high-end material upgrade process [18] Group 17 - Zhongtung High-tech specializes in hard alloys and tungsten materials, providing critical consumables for PCB processing [19] - The company’s products meet high standards for hardness, wear resistance, and precision, supporting the production of high-end PCBs [19] - Zhongtung High-tech is leveraging its resource and technology advantages to maintain a significant position in the PCB specialized hard alloy materials market [19] Group 18 - Zhao Chi Co., Ltd. focuses on smart terminals and semiconductor products, with a strong PCB business for consumer electronics and smart home applications [20] - The company’s vertical integration allows for collaborative design and production, enhancing competitiveness in the PCB market [20] - Zhao Chi Co., Ltd. is optimizing its PCB production capabilities to meet the growing demand in consumer electronics and smart home sectors [20] Group 19 - Dazhu Laser is a leading domestic laser equipment manufacturer, providing essential laser processing solutions for the PCB industry [21] - The company’s laser equipment is crucial for high-end PCB production, meeting the precision requirements of advanced applications [21] - Dazhu Laser is benefiting from the growing demand for high-end PCB production driven by AI computing power [21] Group 20 - Zhongke Electric is a privately held company with expertise in electromagnetic equipment and new materials, providing automation and thermal treatment equipment for the PCB industry [22] - The company’s products enhance PCB stability and consistency, supporting the industry's shift towards automation and intelligence [22] - Zhongke Electric is expanding its presence in the electronic manufacturing equipment sector, providing reliable support for the PCB supply chain [22] Group 21 - Hezhu Intelligent is a provider of high-end forming equipment and automation solutions for the PCB industry [23] - The company’s equipment is critical for the production of high-layer and thick copper boards, directly impacting PCB reliability and flatness [23] - Hezhu Intelligent is positioned to benefit from the growing demand for PCB production equipment driven by automotive electronics and server applications [23] Group 22 - Huace Testing is a leading third-party testing enterprise, providing comprehensive reliability and environmental testing services for the PCB industry [24] - The company’s services are essential for ensuring PCB quality in communication, automotive, and server applications [24] - Huace Testing is maintaining a leading position in the PCB testing sector, supporting industry quality assurance amid increasing regulatory demands [24] Group 23 - Sichuan Jiuzhou is a significant player in the military and electronic information sectors, focusing on high-reliability PCBs for communication and industrial control applications [25] - The company’s PCB products are known for their high yield and reliability, supported by a military-grade quality control system [25] - Sichuan Jiuzhou is positioned to meet the growing demand for high-reliability PCBs driven by new infrastructure and specialized fields [25] Group 24 - Jin Xin Nuo specializes in RF communication and high-speed interconnect products, focusing on high-frequency PCBs for communication and automotive applications [26] - The company’s products are designed to meet the demands of 5G and AI computing, with low loss and high stability [26] - Jin Xin Nuo is leveraging its expertise in RF and PCB to maintain competitiveness in the communication interconnect supply chain [26] Group 25 - Rongda Photosensitive is a leading manufacturer of PCB photosensitive inks and wet process materials, essential for PCB production [27] - The company’s products directly impact PCB precision and reliability, covering the entire PCB production process [27] - Rongda Photosensitive is positioned to benefit from the growing demand for high-precision photosensitive inks in the PCB industry [27] Group 26 - Hongchang Electronics focuses on epoxy resins and electronic chemicals, providing core materials for PCB manufacturing [28] - The company’s high-purity epoxy resins meet the demands of high-frequency and high-temperature PCBs, supplying major domestic manufacturers [28] - Hongchang Electronics is expanding its production capacity for high-end electronic-grade resins, supporting the domestic material supply chain [28] Group 27 - Dongcai Technology is a key player in the new materials sector, focusing on functional materials for PCB applications [29] - The company’s products are designed to meet the high-performance requirements of modern PCBs, supporting the domestic supply chain [29] - Dongcai Technology is leveraging its technical and production advantages to expand its presence in the PCB materials market [29]