Hong Kong Stock Concept Tracking | AI-Driven High-End Product Mass Production PCB Company Expected to Show Strong Performance Growth in 2025 (With Concept Stocks)

The 2025 annual report disclosures have not yet begun, but some A-share listed companies in the PCB industry have taken the lead in releasing positive performance signals, reflecting a continued rise in industry chain prosperity.

Choice data shows that as of January 23, approximately 20 PCB concept stocks have disclosed their 2025 performance forecasts, with about 80% achieving net profit growth, covering upstream and downstream segments of the PCB product, material, and equipment industries.

Jiantao Group and Shenghong Technology, among others, are expected to see net profit increases of over 250%.

According to the Zhitong Finance APP, Jiantao Multilayer PCB is expected to see net profit growth of over 80% for the fiscal year ending December 2025.

Behind these strong performances is the increased scale and speed of AI data center deployment, driving high-end PCB product demand to maintain rapid growth, thereby promoting synchronized prosperity in upstream equipment and materials segments.

Wanlian Securities released a research report stating that the Shenwan Electronics Industry outperformed the CSI 300 Index in 2025, with valuations slightly above recent averages. The company’s performance in the first three quarters of 2025 was positive, with improved profitability. Looking ahead to 2026, it recommends seizing investment opportunities in AI computing power construction and terminal innovation. Regarding AI computing power, the ongoing AI wave has led to strong demand for key hardware components, suggesting focus on high-growth segments such as storage and PCB, where robust demand and accelerated capital expenditure create investment opportunities.

PCB Circuit Board Related Industry Chain Hong Kong Stocks:

Jiantao Multilayer PCB (01888): Guotai Haitong Securities states that since the second half of 2025, Jiantao has raised prices three times in August, October, and December, with another increase in December, and two price hikes within the month exceeding expectations. This indicates that under the AI boom, the entire industry chain is entering a healthy price increase cycle. The company is also expanding into copper foil, electronic cloth, and covered copper boards, and as an industry leader in integration, is expected to benefit from the price increase cycle across all segments.

Jiantao Group (00148): Jiantao Group announced that it expects net profit for the year ending December 31, 2025, to increase by over 165% compared to 2024, exceeding HKD 4.32 billion. This is mainly due to growth in profit reported by its investment business segment and the covered copper panel segment. Due to strong demand for covered copper panels and upstream materials including fiberglass yarn, fiberglass cloth, and copper foil, the prices of the company’s covered copper panels and upstream materials have generally risen significantly, with sales volumes also increasing compared to 2024. Currently, market demand remains robust.

Han’s Laser (03200): Han’s Laser is a provider of specialized production equipment solutions for PCB manufacturing, engaged in R&D, production, and sales of PCB-specific equipment. The company’s extensive equipment portfolio spans multiple segments of the PCB industry and covers key manufacturing processes such as drilling, exposure, lamination, molding, and inspection. Dongwu Securities released a research report noting that since Q4 2024, capital expenditure by PCB manufacturers has surged, driving equipment manufacturers’ performance. The 40x long-length ratio drill bit is the most elastic component, and attention is recommended on related companies’ progress.