Tenghui’s September revenue hit a new record high, with an annual increase of 201.68%

Copper foil substrate factory Tenghui Electronics-KY (6672) announced consolidated revenue of 1.021 billion yuan in September, once again setting a new record high, with a monthly increase of 26.68% and an annual increase of 201.68%. The cumulative consolidated revenue from January to September this year was 5.352 billion yuan, an annual increase of 69.4 7%. Tenghui said that with the gradual upgrade of products and applications, the continuous introduction of new customers, the rapid expansion of new products, and the benefits of product price increases, the revenue scale is expected to continue to grow month by month and quarter by quarter. A new high is expected throughout the year, and the subsequent operating outlook continues to be promising.

Looking forward to the future, as the demand for AI, high-speed computing and HDI continues to rise, and the results of high-end material certification and orders continue to expand, in order to immediately seize new business opportunities, Tenghui's board of directors recently passed the lease of a Kunshan factory to expand the production capacity of high-margin special materials, and adopted the existing factory reconstruction model to accelerate equipment introduction and production line construction to shorten the production time. As new production capacity is gradually opened, shipments of high-end materials are expected to increase simultaneously, further converting market demand into revenue injection and adding growth momentum to the overall business scale.

Tenghui pointed out that in the future, it will continue to develop high-end material technology research and development, customer certification and mass production layout, and deepen high-growth applications such as AI, high-speed computing, optical communications and automotive electronics. Among them, 400V/800V AI server power supply materials are expected to enter mass production in the fourth quarter; AI Adhesive materials applied to HDI products such as PCs, vehicles, power supplies, and optical modules have also made technological progress one after another, accelerating customer introduction and shipment; high-speed materials such as M4, M6, and M7 have obtained stable orders and entered the mass production stage, and high-end materials such as M7, M8, and M9 are regarded as internationally As application certifications for major manufacturers' servers, optical modules, and semiconductor testing are gradually completed, the revenue contribution of high-end materials will be accelerated. As for the M10 material, which is attracting market attention and has yet to be selected, it has already developed PTFE and hydrocarbon coating products and is actively participating in customer certification.