On the evening of September 19, Wus Printed Circuit(Kunshan)Co.,Ltd. (002463) announced that based on the company's overall development strategy and operational needs, to further optimize overseas business layout and expand diversified financing channels, the company plans to issue shares overseas (H-shares) and list on the Main Board of The Stock Exchange of Hong Kong Limited.

The announcement disclosed that as of now, the company is planning to discuss relevant work for this H-share issuance and listing with related intermediary institutions, and relevant details have not yet been finalized.

Wus Printed Circuit(Kunshan)Co.,Ltd. belongs to the printed circuit board manufacturing industry within the electronic components sector. The company's PCB products focus on core application areas including artificial intelligence (AI) and data center infrastructure, automotive electronics, and communication equipment, supplemented by industrial equipment and semiconductor chip testing applications.

On the evening of August 31, Wus Printed Circuit(Kunshan)Co.,Ltd. issued an announcement that the company received a "Notice of Intended Share Reduction" from executive Li Minggui on August 29. Li Minggui plans to reduce his holdings of no more than 160,400 shares of the company (approximately 0.0083% of the company's current total share capital) through centralized bidding transactions during the three-month period from 15 trading days after the announcement disclosure, namely from September 23 to December 22.

According to the 2024 annual report, Li Minggui has served at Wus Printed Circuit(Kunshan)Co.,Ltd. since 1993, having held positions including deputy general manager, board secretary, and chief financial officer, as well as president of the Huangshi Taiwan Compatriot Investment Enterprise Association.

He currently serves as executive vice president of the National Taiwan Compatriot Investment Enterprise Association, chairman of the Listed Company Committee of the National Taiwan Compatriot Investment Enterprise Association, executive vice president of the Kunshan Taiwan Compatriot Investment Enterprise Association, independent director of Yiqiu Metal Resources Recycling (China) Co., Ltd., and deputy general manager and board secretary of Wus Printed Circuit(Kunshan)Co.,Ltd.

In terms of performance, from 2022 to 2024, the company achieved operating revenues of 8.336 billion yuan, 8.938 billion yuan, and 13.342 billion yuan respectively, representing year-over-year growth of 12.37%, 7.22%, and 49.26%; during the same period, net profits were 1.362 billion yuan, 1.513 billion yuan, and 2.587 billion yuan respectively, representing year-over-year increases of 28.03%, 11.09%, and 71.05%.

In the first half of 2025, Wus Printed Circuit(Kunshan)Co.,Ltd. achieved total operating revenue of approximately 8.494 billion yuan, a year-over-year increase of about 56.59%; net profit attributable to shareholders was approximately 1.683 billion yuan, a year-over-year increase of about 47.50%.

Among these, PCB business achieved operating revenue of approximately 8.152 billion yuan, a year-over-year increase of about 57.20%. PCB business gross margin was affected by factors including a significant year-over-year increase in equity incentive expenses and losses at the Thailand factory, declining by approximately 1.49 percentage points year-over-year.