Big events in PCB industry! Look here!

01 / Tiancheng Science and Technology "Singing Gong" Science and Technology Innovation Board

On the morning of July 10, Guangdong Tiancheng Technology Co., Ltd. was successfully listed on the Shanghai Stock Exchange Science and Technology Innovation Board. At the opening of the market with the sound of gongs, Tiancheng Technology opened at 87.3 yuan, an increase of 58.72%, ushering in a "good start" for listing. Tiancheng Technology is mainly engaged in the research and development, production and sales of special functional wet electronic chemicals required by PCB (including carrier board). The company's products are mainly used in the production of the above high-end PCBs. At present, the company has developed into one of the few specialized functional wet electronic chemical companies in China that can compete with foreign well-known manufacturers in terms of brand and technology.

02 / Shengyi Electronics officially announced to invest in Thailand

On the evening of July 12, Shengyi Electronics Co., Ltd., a listed company in the PCB industry, announced that the board of directors of the company had decided to invest in a new printed circuit board production base in Thailand. The planned investment for the project was about US$100 million. According to the announcement, the funds for this foreign investment come from Shengyi Electronics' own funds and self-raised funds. Shengyi Electronics plans to purchase about 120 mu of land in the TFD Industrial Park in Chachoengsao, Thailand, to meet the company's production base registration in Thailand and future project construction needs. Shengyi Electronics initially plans to build a production base in Thailand in stages, and plans to start trial production in the second half of 2025.

03 / Bicheng Technology issued a profit forecast announcement

Bicheng Technology announced that this quarter's turnover fell by 20% year-on-year from the previous quarter, and fell by 50% from the same quarter of the previous year. Bicheng Technology has comprehensively sorted out the development strategy, completed the whole chapter of establishment work, and focused more on the core PCB business on the basis of promoting business development and ensuring stable operation. Strengthening internal management and control, optimizing the authorization decision-making mechanism, the company's standardized operation level has been continuously improved, and the delisting risk warning and other risk warnings have been successfully canceled, and the company has returned to a sound development track.

04 / A PCB sheet company announces investment in Malaysia

Recently, Tai Optoelectronics announced that due to business development needs, it will set up a production base in Penang, Malaysia on behalf of its subsidiary Tai Optoelectronics Materials Kunshan Co., Ltd., with an estimated total investment of 40 million US dollars. Investment is expected in Q3 of 2023. The student base is located in the north of Penang Science and Technology Park, Malaysia, covering an area of about 14 acres. The construction of the factory is expected to start in the third quarter of 2023, and will be constructed in two phases; the monthly production capacity of the first phase is about 450,000 pieces, and after the completion of the two phases, the new factory can provide a monthly production capacity of 900,000 pieces. After the completion of the first phase of the project, the initial mass production will begin in 2025, serving global customers and providing new growth momentum for Taiko Group in the next few years.