Stock Track | DELTON Soars 7.39% Intraday on Subsidiary Capital Boost and Upcoming PCIe 6.0 Production

Stock Track

05/22

DELTON's stock surged 7.39% during intraday trading on Friday, marking a significant upward movement for the company.

The rally follows the company's recent capital injection of RMB 100 million into its wholly-owned subsidiary, Huangshi Guanghe Precision Circuit Co., Ltd., which has completed the necessary industrial and commercial registration changes. This move is seen as strengthening the subsidiary's capital base to support business expansion.

Investor confidence was further bolstered by the company's disclosure that its PCIe 6.0 technology is expected to officially enter mass production after the third quarter. With eight of the global top ten server manufacturers as clients, abundant orders on hand, and strong growth in computing power scenario demand, the company's fundamentals appear robust. Additionally, the initiation of pre-research on optical module PCB products provides another potential growth catalyst for the future.

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