According to the Zhidao Finance App, in the morning, Kingboard shares rose, with the Kingboard Group (00148) up 5.61% to HKD 18.84, and Kb Laminates (01888) up 5.13% to HKD 8.6.

On the news side, benefiting from the continuous growth of downstream demand for AI servers, 5G, cloud computing, autos and other factors since the beginning of this year, the PCB industry has accelerated its recovery. On July 3, Shenzhen Kinwong Electronic released the performance forecast for the first half of 2024, with an expected net profit attributable to the parent company of about 638 million yuan to 702 million yuan, an increase of about 57.94% to 73.74% year-on-year. Shennan Circuits recently stated that the company's PCB factory capacity utilization rate has increased compared with the first quarter of 2024, while the encapsulation substrate factory capacity utilization rate has remained relatively stable.

Soochow Securities previously pointed out that from the perspective of order expectations and monthly shipment changes, the global PCB industry's prosperity is showing an upward trend, and it is recommended to pay attention to related targets in the global PCB industry chain. Founder Securities expects the global PCB industry market size to increase by about 5% year-on-year in 2024. In addition, AI servers will drive a significant increase in the value of single PCB servers.