HANS CNC Shares Rise Over 3% on Strong AI PCB Performance and Expansion Benefits

Stock News05-12

HANS CNC (03200) rose more than 3%. At the time of writing, the stock was up 3.06% to HK$144.9, with a turnover of HK$528 million. On the news front, Shenwan Hongyuan noted that driven by AI PCBs, the company achieved high growth in both revenue and profit in Q1 2026. Demand for AI computing centers remains robust, with next-generation AI servers, high-speed switches, and high-speed optical modules driving growth in the high-value-added AI PCB market and increasing technical complexity, leading to sustained demand for high-tech, value-added specialized processing equipment. Citigroup previously pointed out that management expects AI product revenue contribution to potentially reach 50% to 60% by 2026 as more Chinese PCB manufacturers begin capacity expansion in September to October this year, driving a sequential improvement in gross margin in the second half.

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