HANS CNC's stock price surged 5.70% during intraday trading on Wednesday, reflecting strong investor sentiment.
The movement follows the company's release of impressive first-quarter financial results, which showed a year-over-year revenue increase of 103.69% to RMB 1.955 billion and a net profit surge of 176.53% to RMB 323 million. This performance was primarily driven by robust demand for the company's specialized processing equipment for the AI server printed circuit board (PCB) market.
Analysts point to sustained strong demand from AI computing centers, with next-generation AI servers, high-speed switches, and optical modules expanding the high-value-added AI PCB market. The company, as a leading PCB equipment supplier, is well-positioned to benefit from this industry upcycle and the aggressive capacity expansion by major manufacturers.