[Rouqiu~Talk~Industry and Economy] [Interpretation: Hong Kong Stock Prospectus] Won a big order in the core of AI computing power? Shenghong Technology Hong Kong Stock IPO#Hong Kong Stocks#IPO #Shenghong#2476HK #PCB #AIserver#HDI # prospectus#printed circuit board

Original author：【肉球產經報】

Original source：https://www.youtube.com/embed/Zx11LF-3okY

Victory Giant Technology (Huizhou) Co., Ltd. was established in 2006 and is headquartered in Huizhou, Guangdong. It is a leading global AI and high-performance computing PCB supplier. Focusing on the R&D and manufacturing of high-end HDI and high-level multi-layer PCBs, it serves AI servers, automotive electronics and other fields. Listed on the Shenzhen Stock Exchange in 2015 (300476), and listed on the Hong Kong Stock Exchange in April 2026 (2476). IPO document link download: https://www1.hkexnews.hk/search/titlesearch.xhtml?lang=zh No matter how AI chip computing power breaks through the sky, if there is no top-level "skeleton and nervous system" to support it, everything will be empty talk! This key skeleton is the high-end printed circuit board (PCB). Welcome to this episode of [Meatball Sankeibo]! Today, the cute little [Meatball] analyst will take you to unpack the prospectus of Shenghong Technology (stock code: 2476.HK), the most "AI hardware purity" IPO star in the Hong Kong stock market in April 2026! Shenghong Technology, which was listed on the Shenzhen Stock Exchange (300476.SZ) as early as 2015, has now landed on the Hong Kong stock market with its reputation as "the world's leading AI and high-performance computing PCB supplier". They focus on the R&D and manufacturing of high-end HDI (high-density interconnect boards) and high-multilayer PCBs, and their products have already penetrated deeply into the core supply chain of the world's top AI servers and automotive electronics. In this episode of the video, we will give you a hard-core dismantling of this dual-listing “prospectus”! Let you see through the core competitiveness of Shenghong Technology: In the red ocean of fierce PCB competition, how do they rely on "high-end multi-layer boards" to capture the fat orders of AI servers? After raising funds in Hong Kong, how will their global production capacity expansion plan affect the supply chain pattern? Let you understand the underlying logic of AI component giants and accurately grasp the general investment trend in hardware infrastructure! 💡 Sankei Watch: Investment in AI is not limited to GPUs, but peripheral components that support huge computing power such as heat dissipation, power supply and high-end PCB are real beneficiaries. Shenghong Technology has the ability to mass-produce high-multilayer boards with more than 24 layers and HDI with more than 5 levels, which is an extremely high technical barrier. 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