New trends of several PCB companies

Shanghai Electric Power Co., Ltd.

Shanghai Electric Power Co., Ltd. stated on the investor interaction platform that switches are one of the company's core application areas. In the field of high-end data center switches, products applied to Pre800G (based on 56Gbps rate, 25.6T chips) have been mass-produced. Products applied to 800G (based on 112Gbps rate, 51.2T chips) have been delivered in small batches.

Bicheng Electronics
The automobile business is progressing well, and the order-receiving factories maintain full production. PCB orders for millimeter-wave radar boards, smart cockpit domains, autonomous driving domains, and new energy power systems have maintained rapid growth. The company's newly introduced customers include auto parts manufacturers in Europe, the United States, and Japan.

Aohong Electronics
In order to better meet the needs of business development and the layout of overseas production bases, and actively respond to and implement the "Belt and Road" initiative, the company plans to invest no more than 600 million yuan to build a new printed circuit board (PCB) production base in Thailand.

According to the announcement, the company plans to set up a subsidiary in Thailand and purchase about 128 acres of land in the Golden Chi Industrial Park in Prachin Buri Province, Thailand. This investment can further improve the layout of overseas production bases, better provide product services for the company's existing and potential major customers, enhance core competitiveness, and help the company optimize production costs and improve economic benefits.

Dongwei Technology
At 21:00, June 13, Beijing time (15:00, June 13, local time in Zurich, Switzerland), the Global Depository Receipt (GDR) of Kunshan Shandong Wei Technology Co., Ltd. was officially listed and traded on the Swiss Stock Exchange. A total of 58,880,000 GDRs were issued this time, at an issue price of US$17.80 per GDR, and the scale of funds raised was approximately US$105 million. The number of newly issued A shares was 11,776,000, accounting for 5.13% of the total share capital.

This GDR issuance is an important part of Dongwei Technology's international development. The successful issuance of GDR will help the company continue to strengthen its competitive advantages, and steadily promote business development and expansion in the global market, facilitating business development in Southeast Asia, Europe, Latin America and other regions. Dongwei Technology will keep up with core customers and industry development trends. Continue to deepen the layout in important markets around the world, increase the radiation penetration in key overseas regions, enhance the global influence and popularity of the brand, and continuously stabilize the company's industry-leading position in the field of high-end equipment.

It is reported that 50% of the funds raised will be used for the construction of new energy equipment production bases, 20% will be used to expand overseas sales markets, 10% will be used for R&D investment, and 20% will be used to replenish working capital. Liu Jianbo, chairman of Dongwei Technology, said that the company will build sales outlets overseas in the future, and does not rule out setting up factories abroad; at the same time, the company will concentrate the previously scattered research and development in the newly built research institute.