HK Stock Market Move | Shenzhen Han's CNC Technology (03200) rose by more than 5%. The company is expected to benefit from the increased demand for AI PCB drilling and structural upgrades.

Shenzhen Han's CNC Technology (03200) rose more than 5%, by the time of drafting, it had risen by 4.46%, reaching 114.7 Hong Kong dollars, with a turnover of 9.1244 million Hong Kong dollars. EB SECURITIES released a research report stating that NVIDIA plans to introduce the LPU solution into its new chip architecture, marking a shift in the AI computing market from "general computing" to "specialized reasoning". If the NVIDIA LPU solution is implemented, it will significantly increase the demand for PCB area and further enhance the difficulty of PCB board processing, which is expected to bring a significant increase in demand for PCB micro drilling and PCB processing equipment. It is recommended to pay attention to equipment manufacturers in the core manufacturing sector of PCBs. GF SEC pointed out that the AI wave is driving the high-end iteration of PCBs, benefiting from the growth in demand for drilling + structural upgrades. Previously, domestic manufacturers mainly provided low-end mechanical drilling machines and CCD drilling machines. The AI PCB's laser drilling machine market is essentially monopolized by Mitsubishi. With Mitsubishi's orders exceeding supply and lead times extending, domestic manufacturers are expected to make breakthroughs in laser drilling machines for core customers. Due to the use of cold processing by ultra-fast drilling machines, they are expected to become a better solution for M9 material laser drilling, with domestic players represented by Shenzhen Han's CNC Technology actively breaking through. Share increase + value increase + new technology is expected to drive rapid growth in elastic space.