On September 21, VGT rose 3.31% in regular trading, trading at HK$207.8/share, with turnover of HK$32.70 million. The rally followed the company's September 19 disclosure of its investor relations activity, which highlighted robust demand across its high-end PCB production lines.

Specifically, the company confirmed that its Huizhou-based mSAP workshop currently has full order backlogs with strong capacity utilization, primarily serving 1.6T optical module production needs. Management noted that mSAP capacity demand remains vigorous, and the company is in close communication with clients to plan further capacity expansion. Meanwhile, Factory 4 has entered the capacity release phase in the second half after completing equipment installation in Q1, while Factory 10 has begun equipment installation and commissioning. The company also completed the acquisition of Huaqiaocheng (Huizhou) Industrial Park, where it plans to build mSAP, HDI, and other high-end PCB capacity.

Additionally, the Thailand A1 building Phase 2 high-end capacity has passed multiple client audits and started producing AI product verification boards, with some part numbers already through product validation. Multiple brokerages have recently expressed bullish views on PCB sector fundamentals accelerating from Q3 onward, driven by AI new product shipments and traditional segment price increases.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)