HK Stock Market Move | Victory Giant Technology (02476) rose more than 5% with Huizhou mSAP workshop meeting the production demand of 1.6T light modules. Capacity layout will be centered around customer demand.

Victory Giant Technology (02476) rose by more than 5%, as of the time of writing, it has increased by 5.64% to 344.2 Hong Kong dollars, with a turnover of 8.83 billion Hong Kong dollars. On the news front, recently, Victory Giant Technology released an announcement of investor relations activity record, stating that the company has now put some ASIC-related PCB products into mass production, and the business is progressing smoothly. The company has set up an mSAP workshop in Huizhou, which is currently used to meet the production needs of 1.6T optical modules. There is currently a full order book, and production capacity utilization is at a good level. At present, there is strong demand for mSAP production capacity, and the company is in close communication with related customers to plan production capacity around customer needs. In addition, Victory Giant Technology stated that the company is actively promoting the research and production of CoWop technology, which requires advanced HDI and mSAP process capabilities simultaneously. It is expected that the value of related PCB products will increase significantly.