After nearly half a month of correction, the A-share PCB sector experienced a strong rebound on July 14. Industry leaders such as Dongshan Precision, Shanghai Electric Power Co., Ltd., and Shengyi Technology, which had a pre-increase in performance in the first half of the year, rose and stopped in the afternoon. According to an interview with the Securities Times reporter, the PCB industry has recently been disturbed by rumors such as order delays or even price cuts from computing power customers, but the industry sentiment is still rising strongly, and the industrial chain has significantly increased its efforts to expand production. At the same time, production capacity of key upstream raw materials such as electronic glass fiber cloth has been “squeezed out”, causing a wave of price increases to spill over from high-end products to middle- and low-end categories; in addition, the continuous wave of production expansion has heightened concerns about overcapacity. Judging from the performance forecast for the first half of 2026, the characteristics of profit differentiation in the industrial chain are very clear. The overall performance of the copper-clad plate sector is highly anticipated, and Shengyi Technology is currently leading in terms of profit scale. The performance of listed companies related to copper clad panels, such as Nanya New Materials, Huazheng New Materials, and Baoding Technology, will also increase significantly over the same period last year. There are also PCB listed companies whose performance is declining due to factors such as delayed price transmission and declining production capacity.

After nearly half a month of correction, the A-share PCB sector experienced a strong rebound on July 14. Industry leaders such as Dongshan Precision, Shanghai Electric Power Co., Ltd., and Shengyi Technology, which had a pre-increase in performance in the first half of the year, rose and stopped in the afternoon. According to an interview with the Securities Times reporter, the PCB industry has recently been disturbed by rumors such as order delays or even price cuts from computing power customers, but the industry sentiment is still rising strongly, and the industrial chain has significantly increased its efforts to expand production. At the same time, production capacity of key upstream raw materials such as electronic glass fiber cloth has been “squeezed out”, causing a wave of price increases to spill over from high-end products to middle- and low-end categories; in addition, the continuous wave of production expansion has heightened concerns about overcapacity. Judging from the performance forecast for the first half of 2026, the characteristics of profit differentiation in the industrial chain are very clear. The overall performance of the copper-clad plate sector is highly anticipated, and Shengyi Technology is currently leading in terms of profit scale. The performance of listed companies related to copper clad panels, such as Nanya New Materials, Huazheng New Materials, and Baoding Technology, will also increase significantly over the same period last year. There are also PCB listed companies whose performance is declining due to factors such as delayed price transmission and declining production capacity.