Han's CNC (301200.SZ) released its performance express report for the first three quarters of 2026. During the reporting period, the company achieved operating revenue of 7.841 billion yuan, representing a year-on-year increase of 100.90%, and net profit attributable to shareholders of the listed company of 1.544 billion yuan, representing a year-on-year increase of 214.03%.
The strong performance was mainly driven by significantly growing demand for high-end AI PCB products, including high-layer HDI boards for next-generation rack server computing power and switching units, N+N structure high-layer boards, and mSAP-type substrate-like PCBs for 800G and 1.6T high-speed optical modules.
Driven by the dual factors of rising demand and technological advancement, downstream PCB enterprises have continued to invest heavily. The company seized the market opportunity presented by downstream customers' capacity expansion and upgrades, resulting in substantial order growth across its entire product line.
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