On June 29, Guanghe Technology rose 3.2% in regular trading, reaching HKD 201.2 per share with turnover of HKD 91.997 million. The move was driven by a convergence of expansion signals and sustained strength in the PCB sector.
On the news front, the company recently announced plans to issue up to RMB 3.6 billion in A-share convertible bonds, with approximately 79% of proceeds directed toward AI computing-related capacity expansion. Simultaneously, the company unveiled a RMB 6 billion investment to build a smart manufacturing headquarters in Dongguan. HKEX filings revealed that Fullgoal Fund increased its stake on June 18 to 5.17%, reinforcing institutional confidence.
At the industry level, AI computing demand continues to drive PCB price increases. The company has completed PCIe 6.0 and high-end AI server board certification, securing positions in global top-tier server manufacturer supply chains. Its Thailand factory achieved profitability immediately upon commissioning, accelerating global capacity deployment.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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