The leading PCB manufacturer, Victory Giant Technology(Huizhou) Co.,Ltd. (Stock Code: 300476), has issued an urgent clarification regarding market rumors.
The company has released an announcement stating that it recently became aware of negative rumors circulating on online platforms concerning its products, market share, and project progress. The company has verified that these rumors are severely inaccurate and have caused significant adverse effects.
Official Statement and Clarification
The company clarified that the circulating statements are untrue. Victory Giant Technology(Huizhou) Co.,Ltd. is a long-term strategic partner to major domestic and international AI clients. The company consistently regards "quality" and "safety" as its lifeline and strictly adheres to customer standards in its management.
Currently, there is robust demand for AI-related PCB products, and the company's order backlog continues to grow. Production and shipments are proceeding normally, with orders from key clients steadily increasing.
The company maintains close communication with its core clients, and the joint development of next-generation R&D products is progressing smoothly. Some clients have already indicated long-term demand projections for 2027-2028, and the company is confident about its future operational performance and profitability.
Addressing Misinformation and Legal Action
Victory Giant Technology(Huizhou) Co.,Ltd. stated that the dissemination of these false rumors through online platforms and social media groups has negatively impacted its reputation and normal business operations, seriously misleading investors. The company reserves the right to pursue legal action against those responsible for spreading the misinformation.
The company advises investors to obtain accurate information through official channels designated by the China Securities Regulatory Commission and the company's own official platforms, urging them not to believe or spread rumors to help maintain a healthy market order and information environment.
Company's Technical Capabilities and Financial Performance
Victory Giant Technology(Huizhou) Co.,Ltd. possesses the manufacturing capability to produce high-layer-count PCBs exceeding 100 layers. It is among the first companies globally to achieve mass production of 6-step 24-layer HDI products and holds technical capabilities for 8-step 28-layer HDI and 16-layer Any-layer HDI. As a core supplier in the AI server PCB sector, the company has experienced rapid performance growth in recent years. For the 2025 fiscal year, its revenue and net profit increased by 79.77% and 273.52% year-over-year, respectively.
For the first quarter of this year, the company reported operating revenue of 5.519 billion yuan, a year-on-year increase of 27.99%. Net profit attributable to shareholders was 1.288 billion yuan, up 39.95% compared to the same period last year.
As of the market close on July 13th, shares of Victory Giant Technology(Huizhou) Co.,Ltd. were trading at 273.01 yuan per share. The stock has declined over 20% since the beginning of July, with a total market capitalization of approximately 260.8 billion yuan.
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