Shenghuo Technology (300476.SZ) released 2025 annual results, with net profit attributable to parent company of 4.312 billion yuan, representing a year-over-year increase of 273.52%

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Shenghong Technology (300476.SZ) released its 2025 annual report. During the reporting period, the company achieved operating revenue of 19.292 billion yuan, a year-on-year increase of 79.77%. Net profit attributable to shareholders of the listed company was 4.312 billion yuan, up 273.52% year-on-year. Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 4.304 billion yuan, an increase of 277.07%. Basic earnings per share were 5.01 yuan. The company plans to distribute a cash dividend of 20 yuan (tax included) for every 10 shares to all shareholders.

During the reporting period, the company seized the historic opportunity of AI computing power technology innovation and data center upgrades, continuously consolidating its technological leading position in the global PCB manufacturing industry. Relying on industry-leading technology, quality, delivery capabilities, and global service, the company has become a core partner for many top technology companies domestically and internationally. In key areas such as AI computing power, data centers, and high-performance computing, multiple high-end products have achieved large-scale mass production, driving product structure upgrades toward high-value and high-technical-complexity products. The proportion of high-end products has significantly increased, promoting rapid growth in the company’s performance.

In 2025, the company will fully leverage its technological advantages, deeply participate in customer product pre-research, and strengthen strategic cooperation with leading global technology industry clients. The company has pioneered breakthroughs in core technologies combining high-multilayer and high-level HDI, with the capability to manufacture over 100-layer high-multilayer boards. It is among the first in the world to achieve large-scale production of 6-layer 24-layer HDI products, as well as 10-layer 30-layer HDI and 16-layer arbitrary-layer (Any-layer) HDI technology. The company is also accelerating the layout of next-generation products to support cutting-edge AI products and autonomous driving platforms. It leads globally in market share for AI computing cards, AI Data Center UBBs, and switches. According to Prismark data, the company ranks 6th among global PCB suppliers and 3rd among domestic Chinese PCB manufacturers.

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