Stock Track | DELTON Soars 8.46% Intraday on Capital Injection and PCIe 6.0 Progress

Stock Track
May 21

DELTON (01989) experienced a significant price surge of 8.46% during intraday trading on Thursday, reflecting strong investor interest in the stock.

The sharp increase follows the company's recent capital injection of RMB 100 million into its wholly-owned subsidiary, Huangshi Guanghe Precision Circuit Co., Ltd., to strengthen its capital base for business expansion. Additionally, the market is responding positively to the company's announcement that its PCIe 6.0 technology is expected to enter mass production after the third quarter, reinforcing its position as a key beneficiary in the AI infrastructure sector. The company also highlighted that eight of the world's top ten server manufacturers are already its clients, with robust order books indicating strong demand in computing scenarios.

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