Movement Alert|Guanghe Tech Rises 6% in Regular Trading, PCB Sector Surge and PCIe6.0 Mass Production Timeline Boost Sentiment

Market Focus05-29

On May 29, Guanghe Tech (01989.HK) rose 6% in regular trading, trading at HKD 198.6/share, with trading volume of HKD 69.14 million.

On the news front, the PCB sector saw broad-based strength as a Morgan Stanley report highlighted that NVIDIA's Rubin platform will see per-rack PCB value surge from USD 35,100 to USD 116,700, representing a 233% increase, significantly expanding demand for high-layer-count PCBs. Meanwhile, Guanghe Tech previously disclosed that PCIe6.0 is expected to enter mass production after Q3, with 8 of the global top 10 server manufacturers already among its customers and strong order visibility in AI computing scenarios.

Additionally, the company completed the business registration change for a RMB 100 million capital increase to its wholly-owned subsidiary Huangshi Guanghe Precision Circuit, raising its registered capital from RMB 680 million to RMB 780 million, reinforcing capacity expansion for its multi-layer precision circuit board project. The Investor Services Center also publicly solicited voting rights in support of an independent director election, viewed as positive recognition of corporate governance.

(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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