HK Stock Market Move | Circuit Fabology Microelectronics Equipment (09630) rose over 5% as the accelerated expansion of AI PCB drives growth in upstream LDI demand.

Circuit Fabology Microelectronics Equipment (09630) rose over 5%, with a current increase of 5.45%, reaching HK$398.6, with a transaction volume of HK$320 million. On the news front, the upgrade of AI hardware is driving increased performance requirements for PCBs, and the application boundaries of mSAP technology are continuously expanding, ushering in capacity expansion. Public information shows that Circuit Fabology Microelectronics Equipment, as a leader in PCB direct-write lithography, has the MAS6P series LDI equipment with a resolution capability of 6/6m, and its production efficiency leads comparable international products. Guosheng pointed out that the acceleration of PCB capacity expansion driven by AI is boosting the demand for upstream LDI, and combined with the imminent release of advanced packaging business, the bank has raised the companys profit forecast. It is expected that the companys net profit attributable to the parent company for 2026-2028 will be RMB 5.16 billion, 8.74 billion, and 11.47 billion, reflecting increases of 78%, 69%, and 31% respectively.