Group 1: Investor Relations Activities - The company engaged in various investor relations activities, including analyst meetings, media interviews, performance briefings, and roadshows, with participation from 110 institutional investors [1] - The activities took place from March 25 to March 30, 2026, in Shanghai and online [3] Group 2: Company Development and AI Strategy - The company aims to embrace AI and capitalize on the opportunities presented by AI computing power technology and data center upgrades, targeting a production value of 100 billion by 2030 [3][4] - High-end products in AI-related fields have achieved large-scale production, significantly increasing the proportion of high-value, high-technical-complexity products [3] Group 3: Production Capacity and Expansion - The company is actively expanding production capacity, with domestic facilities in Huizhou gradually entering production phases, while overseas facilities in Thailand and Vietnam are also progressing as planned [4][5] - The priority for capacity construction has shifted to domestic installations due to changes in customer demand and resource availability [4] Group 4: Order Visibility and Customer Development - The order visibility in the PCB industry typically spans around two months, with high-end products having longer visibility [5] - The company is optimizing its customer structure and making progress in the AI sector, which is expected to drive future growth [5] Group 5: Raw Material Costs and Pricing Stability - The company has established stable relationships with key raw material suppliers, ensuring a steady supply [6][7] - Despite potential fluctuations in raw material prices, the company maintains stable pricing for high-end products due to effective cost management strategies [7] Group 6: Future Market Trends and Capacity Needs - The demand for high-end PCBs is expected to grow due to increasing signal transmission bandwidth and material standards, leading to a tighter supply situation [8] - The company is expanding its capabilities to meet the rising demand for AI computing and servers, which will support sustained industry growth [8] Group 7: Hong Kong Listing Progress - The company is actively working on its Hong Kong listing, collaborating closely with intermediaries to ensure timely progress [9] Group 8: Acquisition of SunPower - The acquisition of SunPower aims to enhance production capacity in Southeast Asia and improve global supply capabilities, facilitating faster customer delivery [10][11]

Group 1: Investor Relations Activities - The company conducted an investor relations activity on January 23, 2026, with 53 institutional investors participating [1] - Activities included a company tour, production workshop visit, and a presentation on the company's development [1][2] Group 2: Company Performance and Strategy - The company aims to embrace AI and enhance its technological leadership in the global PCB manufacturing sector [1][3] - High-end products have significantly increased in proportion, driving rapid growth in company performance [3] Group 3: Production Capacity and Expansion - The company maintains a good order backlog and production capacity utilization, with ongoing expansion efforts [3][4] - Domestic production facilities in Huizhou are gradually being put into operation, while overseas facilities in Thailand and Vietnam are progressing as planned [3][4] Group 4: Product Development and Market Position - The company has achieved mass production capabilities for high-precision circuit boards and is advancing in the development of next-generation AI server products [3][4] - The company is actively involved in the research and development of new technologies and materials, collaborating closely with major clients [4] Group 5: Raw Material Supply and Pricing - The company has established stable relationships with key raw material suppliers, ensuring a steady supply [4] - Strategies are in place to mitigate the impact of raw material price fluctuations on product pricing [4] Group 6: Hong Kong Listing Progress - The company is in the process of issuing H shares and has submitted the application to the Hong Kong Stock Exchange [5] - The listing is subject to approval from regulatory authorities and market conditions, with ongoing updates to be provided [5]