Victory Giant Technology (Huizhou) Co., Ltd. (300476.SZ) has released its annual report for 2025. During the reporting period, the company achieved operating revenue of 192.92 billion yuan, a year-on-year increase of 79.77%. Net profit attributable to shareholders of the listed company reached 43.12 billion yuan, surging 273.52% compared to the previous year. Net profit attributable to shareholders of the listed company, after deducting non-recurring gains and losses, was 43.04 billion yuan, an increase of 277.07% year-on-year. Basic earnings per share stood at 5.01 yuan. The company proposed a dividend distribution of 20 yuan per 10 shares (before tax) to all shareholders.
Throughout the reporting period, the company precisely captured the historic opportunities presented by the technological innovation in AI computing power and the wave of data center upgrades, continuously solidifying its leading technological position in the global PCB manufacturing sector. Leveraging its industry-leading capabilities in technology, quality, delivery, and global services, the company has become a core partner for numerous leading technology firms both domestically and internationally. In key areas such as AI computing power, data centers, and high-performance computing, several of its high-end products have achieved mass production, driving an upgrade in the product mix towards higher value and greater technical complexity. The proportion of high-end products has increased significantly, fueling the company's rapid performance growth.
In 2025, the company fully utilized its technical advantages by deeply participating in customers' product pre-research phases and strengthening strategic cooperation with leading global technology industry clients. It was a pioneer in breaking through the core technical barriers associated with combining high-layer-count boards and advanced HDI, possessing the capability to manufacture boards with over 100 layers. The company is among the first globally to achieve mass production of 6-step, 24-layer HDI products and has the technical capability for 10-step, 30-layer HDI and 16-layer Any-layer HDI. It is also accelerating the deployment of next-generation products to support the most advanced artificial intelligence products and autonomous driving platforms. The company holds a leading global market share in AI computing cards and AI Data Center UBB & switches. According to data from Prismark, the company ranks 6th among global PCB suppliers and 3rd among mainland Chinese-funded PCB manufacturers.
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