DELTON's stock price surged 5.04% during the intraday session on Thursday, reflecting strong investor sentiment.
The sharp rise follows the company's release of unaudited first-quarter results for 2026, which showed revenue jumping 71.35% year-on-year to RMB 1.91 billion and net profit attributable to shareholders climbing 63.31% to RMB 392.55 million. This performance builds on the company's full-year 2025 results, where revenue grew 46.9% and net profit increased 50.2%, driven by demand for its high-layer count PCBs used in AI servers and computing.
Investor confidence was further bolstered by the company's announcement of a $96 million capital injection into its subsidiary Guanghe International. The funds are earmarked to pursue strategic collaborations and accelerate the second-phase construction of its Thailand manufacturing base, expanding overseas high-end PCB production capacity. The company's cash position was also significantly strengthened by proceeds from its recent Hong Kong listing.
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