Jin Rong Jie·2026-03-09 14:20Core Viewpoint - Shenghong Technology is committed to embracing AI and capitalizing on opportunities in AI computing power and data center upgrades, aiming to maintain its technological leadership in the global PCB manufacturing sector [1] Group 1: Company Overview - Shenghong Technology (300476) recently hosted a research meeting with 48 institutions, including Ruiyuan Fund and GF Securities, on March 6, 2026 [1] - The company's latest stock price is 270.04 yuan, down 8.35 yuan or 3.00% from the previous trading day, with a total market capitalization of 235.625 billion yuan [1] - As of February 10, 2026, the number of shareholders in Shenghong Technology is 210,548, a decrease of 7,000 from the previous count, with an average holding value of 1.1191 million yuan per shareholder [2] Group 2: Industry Position and Strategy - Shenghong Technology is expanding its production capacity in high-end HDI, multi-layer PCBs, and FPCs across factories in Huizhou, Thailand, Vietnam, and Malaysia to strengthen its position in the global PCB industry [2] - The acquisition of Malaysia's SunPower aims to integrate with the existing Malaysian subsidiary of MFSS, enhancing FPC/PCB production capabilities in Southeast Asia to meet overseas delivery demands [2] - The company has extensive experience in mass production of AI PCBs and has entered the supply chains of several top global server clients, establishing a strong competitive advantage in technology, quality, capacity, and customer relations [2] Group 3: Financial Performance - Ruiyuan Growth Value Mixed A Fund, which holds shares in Shenghong Technology, has a latest net value of 1.9170 yuan, with a one-year return of 52.42% and a three-year return of 26.72% [3] - The fund was established on March 26, 2019, and has a total scale of 19.127 billion yuan as of December 31, 2025, with the top ten holdings accounting for 70.38% of the portfolio [3]