Group 1: Industry Trends - The PCB industry is projected to grow with revenues and production increasing by 15.4% and 9.1% respectively in 2025, driven by demand for AI data center servers and switches [3] - The compound annual growth rate (CAGR) for high-layer boards and AI HDI boards is expected to reach 22.1% and 17.7% from 2024 to 2029 [3] Group 2: Company Core Competencies - The company leverages innovative R&D models to enhance its competitive capabilities, focusing on segmented markets and application scenarios [4] - Collaborative R&D with downstream PCB industry clients aims to address process challenges and meet advanced manufacturing needs [4] Group 3: Product Developments - The demand for high-layer and high-density PCBs is increasing due to the rise of AI servers and high-speed switches, necessitating higher quality standards for signal integrity [5] - New products, such as a CCD six-axis drilling machine with 3D back drilling capabilities, have been developed and certified by industry leaders for mass procurement [5] - The company is also optimizing laser drilling solutions to meet the high precision requirements for emerging applications in AI smartphones and optical modules [6] Group 4: Market Positioning - The company provides high-reliability processing solutions to meet the increasing demands for thickness ratios, impedance tolerances, and signal integrity in AI server applications [7] - The strategic positioning in production capacity and delivery enhances the competitiveness of downstream clients in the PCB market [7]
大族数控(301200) - 2025年12月30日投资者关系活动记录表