On June 11, Guanghe Technology fell 3.17% in regular trading, trading at 161.3 HKD/share, with trading volume of approximately 40.14 million HKD.
On the news front, major copper clad laminate (CCL) manufacturers have issued Q3 price hike notices since early June, with increases generally ranging from 10% to 15%. CCL prices have risen approximately 40% cumulatively since the beginning of the year, significantly intensifying cost pass-through pressure on downstream PCB manufacturers. The upstream-downstream divergence pattern persists, with upstream supplier KB Laminates rising 3.68% on the same day, while downstream peers continued to decline.
The supply-demand imbalance in PCB materials has been exacerbated by non-linear growth in AI computing infrastructure driving rapid demand increases, while traditional Japanese and Korean suppliers remain reluctant to expand capacity. Market concerns over PCB manufacturers' profitability outlook continue to weigh on the sector.
Guanghe Technology specializes in the R&D, production, and sales of multi-layer printed circuit boards, with products applied across servers, consumer electronics, communications, and automotive electronics.
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