Chongda Technology (002815) reported robust order momentum across its key business segments, citing improving market conditions during a June 11 investor exchange. The PCB manufacturer highlighted particularly strong demand in mobile devices, servers, industrial controls, and automotive electronics, where capacity utilization and delivery timelines are under significant pressure due to surging orders.
The company anticipates accelerated sales growth in 2025 for these high-growth sectors, driven by its diversified product portfolio. Its high-layer count boards for communications infrastructure, HDI boards for smartphones, and IC substrates (produced by subsidiaries) are all experiencing sustained demand recovery, reflecting broader electronics supply chain restocking.
This optimistic outlook aligns with industry-wide rebounds in global electronics production, though Chongda faces execution challenges in scaling capacity to meet delivery commitments. Investors should monitor quarterly capacity expansion progress and margin trends as demand outpaces current production capabilities
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