New Trends of Shennan Circuit, Shengyi Electronics, Jingwang Electronics and Hudian

Shennan Circuit: Orders in the automotive electronics field maintained steady growth

Shennan Circuit (002916. SZ) said in an institutional investigation from February 3 to February 10, 2023, Automotive electronics is one of the key expansion areas of PCB business. The company focuses on new energy and ADAS, Mainly produces high frequency, HDI, rigid and flexible, thick copper and other products. Among them, the proportion of products in ADAS field is relatively high, Applied to cameras, radars and other equipment, Products in the field of new energy are mainly concentrated in batteries and electronic control. In the first three quarters of 2022, with the Company's intensified development of automotive electronics market and the climbing of Nantong Phase III factory connection, the scale of automotive electronics revenue increased significantly year-on-year, but it accounted for a relatively small proportion of PCB overall revenue. At present, orders in the field of automotive electronics maintained steady growth.

Shengyi Electronics released its 2022 annual performance report

On the evening of February 15th, Shengyi Electronics released its 2022 annual performance report. In 2022, Shengyi Electronics achieved a total operating income of 3.535 billion yuan, down 3.09% year-on-year; Net profit attributable to shareholders of listed companies was 313 million yuan, up 18.4% year-on-year.

Shengyi Electronics said that in 2022, the demand of some customers for communication equipment, network equipment and other application fields will continue to be weak. Facing the complex market environment, the company has always focused on the research and development, production and sales of various printed circuit boards, increased the development of automotive electronics and other application fields, actively explored overseas markets and continuously optimized product structure.

According to Shengyi Electronics, in the face of many challenges from the external environment, the company actively carried out various special tasks such as cost saving, quality improvement and technology upgrading. At the same time, Ji'an Shengyi Phase I achieved the design capacity and production capacity release, and the company's economies of scale appeared, the average cost per unit product decreased and its profitability improved.

Jingwang Electronics plans to invest 3 billion yuan in PCB intelligent manufacturing project

Jingwang Electronics (603228) disclosed on the evening of February 15th, It is planned to invest in the new high-layer PCB intelligent manufacturing base project in Jiangxi Xinfeng High-tech Industrial Park, and set up a wholly-owned subsidiary within the jurisdiction of Xinfeng County People's Government to be responsible for the construction and operation of the project. According to the disclosure, the project will be constructed in two phases, with an estimated total investment of about 3 billion yuan, of which the investment in fixed assets is expected to be more than 2 billion yuan.

Hudian Co., Ltd.: Products applied to 4D vehicle radar, automatic driving domain controller, intelligent cockpit domain controller and other fields have achieved mass production

According to the record of investor relations activities disclosed by Shanghai Power Co., Ltd. on February 14th, In the field of automotive electronics, Company and customers in the new energy vehicle three power system, Autopilot, Intelligent cockpit, In-depth cooperation in car networking, Develop research and development of key technologies, Deeply participate in customer pre-design and verification, And invest more resources in reliability evaluation and research and development of automobile high-end HDI and Anylayer technology, Keeping up with the development trend of automobile industry, Improve technical capability and applicability, Enhance accurate technical support and long-term business cooperation with customers, Consolidate the competitive advantages of high-end PCB in ADAS (Advanced Driving Assistance System), powertrain electrification, automotive electronic functional architecture and other fields. Gradually adjust and optimize the product and capacity structure, and appropriately expand production according to market conditions. In terms of specific products, products applied to 4D vehicle radar, automatic driving domain controller, intelligent cockpit domain controller, vehicle gateway and other fields have achieved mass production.