New stock first day | Victory Giant Technology (02476) first listed early trading opening 57.23% rise By the first half of last year, it had taken the top spot in the global market share of AI and high-performance computing PCBs.

Victory Giant Technology (02476) was first listed with an announcement showing that each share was priced at HK$209.88, issuing a total of 95.85 million shares, with 100 shares per lot, and a net amount of approximately HK$19.89 billion raised. As of the time of drafting, it has risen by 57.23%, trading at HK$330, with a transaction amount of HK$28.55 billion. Public information shows that Victory Giant Technology focuses on the R&D, production, and sales of high-end high-density interconnect and high-density multi-layer printed circuit boards. After years of technological accumulation, it has become a core supplier in the global artificial intelligence and high-performance computing PCB field. According to data from Frost & Sullivan, as of the first half of 2025, the company ranked first globally with a market share of 13.8% in the field of artificial intelligence and high-performance computing PCB revenue. By 2024, using the same index, the company ranked seventh globally with a market share of 1.7%. The financial report shows that in 2025, Victory Giant Technology's revenue was HK$19.292 billion, a year-on-year increase of 79.77%; net profit attributable to the parent company was HK$4.312 billion, a year-on-year increase of 273.52%. Victory Giant Technology stated that with the accelerating penetration of artificial intelligence technology into various fields, the global demand for AI infrastructure and computing power continues to expand. The company is deeply integrated with international top customers, continuously optimizing its product structure, steadily advancing its global layout, and achieving a breakthrough in business performance.