Shares of Victory Giant Technology (HKEX: 02476) have surged more than 5%. At the time of writing, the stock is up 5.64% to HK$344.2, with a trading turnover of HK$883 million.

The company's recent investor relations activity update revealed that a portion of its ASIC-related PCB products have already entered mass production, with business progress proceeding smoothly.

Victory Giant Technology has established an mSAP (modified Semi-Additive Process) production line at its Huizhou facility. This capacity is currently dedicated to meeting the production requirements for 1.6T optical modules. The company reports a robust order book and strong capacity utilization rates for this line.

Given the high demand for mSAP capacity, Victory Giant Technology is maintaining close communication with relevant clients and plans its capacity expansion strategically based on customer needs.

Furthermore, the company stated it is actively advancing the research, development, and production of CoWop technology. This technology requires the simultaneous capability for advanced HDI and mSAP processes. The PCB products related to this technology are expected to see a significant increase in value.