HK Stock Market Move | Shenzhen Han's CNC Technology (03200) rose more than 6% at the close of trading, the PCB industry is welcoming a wave of expansion. The company is a leading global supplier of PCB-specific equipment.

Shenzhen Han's CNC Technology (03200) rose more than 6% in the final trading session, up 5.45% as of the time of writing, at HK$183.7, with a turnover of HK$479 million. In terms of news, Shennan Circuits announced a fundraising of over 4.8 billion yuan to bolster the PCB industry, which is experiencing a wave of expansion. According to statistics, as of now, 13 PCB manufacturing companies in A shares have issued expansion-related announcements this year, with a total planned investment of nearly 59 billion yuan. Experts analyze that this cycle is different from the equipment demand increase brought by the gradual penetration of PCB terminal products in the past, but benefits from the new demand created by the explosive growth of AI computing power. Public information shows that Shenzhen Han's CNC Technology focuses on the PCB market, targeting high-value scenes such as AI computing power, covering many key equipment in the core production processes of PCB. According to Zhishi Consulting's statistics, the company's global market share in 2024 is 6.5%, making it the largest supplier in the global PCB specialized equipment field. The company's customer base includes major PCB manufacturers worldwide, with many customers being leading enterprises in the global AI computing power PCB industry.