Movement Alert|DELTON Rises 4.92% in Regular Trading, PCB Sector Rallies as Subsidiary Capital Increase Completed

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Yesterday

On September 9, DELTON rose 4.92% in regular trading, trading at 132.2 HKD/share, with turnover of approximately 15.34 million HKD. The rise came amid continued strength in the Hong Kong-listed PCB sector and the completion of a capital increase in its wholly-owned subsidiary.

On the news front, the company announced on September 8 that it had completed the business registration change for a 96 million yuan capital injection — funded by IPO proceeds — into its subsidiary Huangshi Guanghe Precision Circuit Co., raising the subsidiary's registered capital from 780 million yuan to 876 million yuan. Separately, the company is advancing a plan to issue A-share convertible bonds of up to 3.6 billion yuan, with a shareholder vote scheduled for September 24. The broader PCB sector extended its rally, with peer CREALIGHTS surging 16.27% and KB LAMINATES gaining 2.79%.

Fundamentally, DELTON reported H1 revenue of 4.388 billion yuan and net profit of 956 million yuan, supported by sustained high demand for AI server PCBs. Goldman Sachs recently raised its global AI PCB market forecast by 35% to 13.56 billion USD, and sector analysts expect PCB earnings momentum to accelerate from Q3 onward.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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