搭上英伟达，惠州首富身家一年暴涨560亿元，年内股价涨超590%

Core Viewpoint - The PCB industry is experiencing a new boom driven by strong demand for AI computing power, with leading companies like Shenghong Technology seeing significant stock price increases and revenue growth [1][3]. Market Overview - The global PCB market is projected to reach $73.565 billion in 2024, with a year-on-year growth of 5.8%, while China's market leads at $41.213 billion, growing at 9.0% [1]. - Guangdong province accounts for 60% of China's PCB production capacity, playing a crucial role in the global AI supply chain [1]. Company Performance - Shenghong Technology reported a revenue of 14.117 billion yuan for the year-to-date, an increase of 83.40% year-on-year, and a net profit of 3.245 billion yuan, up 324.38% [4]. - The company achieved a quarterly net profit growth of 260.52% in the third quarter, with gross and net profit margins of 35.19% and 21.66%, respectively [4]. Technological Advancements - Shenghong Technology has established a strong technical barrier in the high-end PCB sector, being one of the first to mass-produce advanced AI computing center products and possessing capabilities for high-layer precision PCBs [5][6]. - The demand for high-layer and high-density PCBs is expected to remain strong, with increasing technical challenges and value [6]. Industry Trends - The Chinese government is promoting the PCB industry's high-end, green, and intelligent development through new regulations aimed at eliminating outdated capacity and encouraging technological innovation [6][7]. - The PCB industry is shifting from low-end expansion to high-quality innovation, with a focus on enhancing competitiveness in the global market [7]. Regional Dynamics - Guangdong's PCB industry benefits from a robust industrial ecosystem, with a significant concentration of companies and resources in the Pearl River Delta region [9][11]. - The region's logistics advantages support the efficient operation of the PCB industry, which relies heavily on imported raw materials and exports finished products [13]. Future Projections - The PCB market in China is expected to grow to 415.6 billion yuan in 2024, driven by demand from emerging sectors such as AI, 5G, and new energy vehicles, with projections reaching 554.51 billion yuan by 2029 [14].