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Shengyi Electronics (688183.SH): The company's AI product projects for multiple clients have successfully achieved mass production.
Gelonghui, February 14 - Shengyi Electronics (688183.SH) stated on the investor interaction platform that the company will leverage over 30 years of PCB manufacturing experience to actively seize the opportunities brought by the demand for PCBs from cutting-edge technological developments. Currently, multiple clients' AI product projects have successfully achieved mass production, and future next-generation product projects are under continuous collaborative development. In the first three quarters of 2024, the company's Server product revenue scale has seen significant year-on-year growth, with Server products accounting for 42.45%, an increase of 20.87 percentage points year-on-year.
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Shengyi Electronics: Expected to turn a profit in 2024, with a record high net profit in Q4.
① In the PCB field, leading company Siying Electronics is expected to turn profitable in 2024, with a net income attributable to the parent company of 0.113 billion to 0.171 billion yuan in the fourth quarter, setting a new quarterly high in nearly four years; ② In the growing PCB market demand, AI and HPC Servers are important driving forces.