HK Stock Market Move | Shenzhen Han's CNC Technology (03200) rises by over 7% again, sparking a wave of PCB industry expansion. The company is the world's largest manufacturer of PCB-specific equipment.

Shenzhen Hans CNC Technology (03200) rose by more than 7%, and as of the time of writing, it was up by 4.95% to HK$191, with a turnover of HK$1.49 billion. In terms of news, Shennan Circuits recently announced plans to raise up to HK$4.882 billion to produce high-speed, high-density, and multi-layer PCBs for AI servers, switches, and other fields. Since the beginning of this year, at least 20 A-share PCB companies have announced expansion plans, covering framework agreements and intended investments, with a total investment amount exceeding HK$80 billion, all focusing on high-speed computation boards, IC carrier boards, and high-frequency boards. Public information shows that Shenzhen Hans CNC Technology is the world's largest manufacturer of PCB-specific equipment, with partnerships established with 80% of the top 100 PCB companies globally. According to industry data released by IBPCB, the global PCB laser drilling equipment market was already over $1.5 billion in 2023 and is expected to reach $2.8 billion by 2028. Shenzhen Hans CNC Technology's ultra-fast laser drilling has already been validated by downstream core customers.