Kingboard Laminates (HKEX: 1888) has rebounded nearly 100% from its low as the AI infrastructure boom drives demand for high-end materials 👀 AI servers are consuming more high-performance copper-clad laminates (CCL), tightening supply and supporting higher prices Kingboard Laminates reported a 55% increase in H1 revenue and a 209% surge in net profit From GPUs and HBM to server materials, AI infrastructure demand is reaching further across the supply chain Kingboard Laminates is available to trade on StableStock: → #CCL# Not investment advice. For informational purposes only.

KINGBOARD LAMINATES (HKEX: 1888) is riding the AI-driven #PCB# boom. H1 revenue jumped 55% YoY to HK$14.9B, while net profit surged 209% to HK$2.89B, as demand for copper-clad laminates and upstream materials continued to outpace supply. Momentum accelerated into H2: July profit reached a record HK$1.1B, nearly 40% of the entire H1 profit in a single month. AI infrastructure demand is moving further upstream — from chips and servers into PCBs and electronic materials. #KBLAMINATES#, #KINGBOARD# and other related names are available to trade on StableStock. → Not investment advice. For informational purposes only.

China’s CCL giant Kingboard Laminates (1888 HK) just raised prices for the seventh time this year. Effective immediately for new orders, all FR-4 laminates and thick prepreg are up 10%. Thin prepreg is up 20%. Glass cloth and copper foil remain in short supply.

Gate Perp DEX Stocks Section Initial Listing: $KBHLD (Kingboard Holdings Limited), $KBLAM (Kingboard Laminates), $POPMART (Pop Mart) 🔹 Trading Starts: June 26th, 2026 07:00AM (UTC) 🔹 Supports 1 – 20x Leverage Trade $KBHLD at: Trade $KBLAM at: Trade $POPMART at: More details:

MS says it is most constructive on high-end glass fabric and names Kingboard Laminates as a beneficiary as capacity is shifted away from standard E-glass. MS compares the dynamic to DDR4 producers earning supernormal profits (CXMT is making more money than HBM producers).

Panasonic Industry, a subsidiary of Panasonic Holdings (6752 JP), will triple prices for some of its general-purpose copper-clad laminates shipped from Jan. 1, 2027, Taiwan’s Commercial Times reports. The increase applies to all R-1705 specifications and to listed products at least 1.1 mm thick in the R-1766, R-1566 and R-1755 series. It covers production at Panasonic’s plants in Japan, China, Taiwan and Thailand. Panasonic said changes in market conditions and demand patterns had made current prices difficult to maintain for some products. The company previously raised prices for its glass-epoxy multilayer copper-clad laminates by 30%, effective for shipments from May 1, 2026. Kingboard Laminates (1888 HK) also raised prices by 15% for laminates and prepreg made with 2116-grade or thinner glass fabric, effective for new orders from Oct. 13. It was the company’s eighth increase of 2026. Kingboard cited tight supplies of glass fabric and yarn.

Abstract of PCB Sector & Initiation & Updates 🔥 Initiating & Transferring PCB Coverage: •Initiating CO-TECH. (8358 TT / Buy / TP: NT$480): Share px -54% since June, Margin ramp-up in 4Q26, expansion of HVLP3/4, and px hikes. •Raise TP: EMC (2383 TT / Buy / TP: NT$6,538): Google share gains, product mix upgrading toward M7+/M8+. •Raise TP: Kingboard Laminates (1888 HK / Buy / TP: HK$60.8): E-glass and FR-4 price hike cycle, expansion of high-end copper foil capacity. •Raise TP: Zhen Ding Technology (4958 TT / Buy / TP: NT$729): Market share gains in VR200, leveraging MSAP, ABF supercycle. ☀️ AI Server PCBs: •Nvidia Vera Rubin: PCB content per GPU $750 (vs. $400 for GB200). •Google TPU v8t/v8i: PCB content $800–$1,000 (vs. ~$700 for v7). •TAM Expansion: AI server PCB TAM projected at $13B in 2026 and $29B in 2027. •Zhen Ding benefits from Nvidia platform gains + mSAP dominance in optical modules/CPO. •mSAP Shortage: 2027 capacity constraints due to 800G optical switch and yield limits ☀️ CCL Dynamics: FR-4 Prices doubled to ~RMB 300 since mid-2025; upcycle extends through end-2027/2028. ☀️ Upstream Supply Shortage: •E-Glass Gap: ~15% shortage; requires 3,000 new machines, but Toyota's annual output is only 2,000 units (fully booked till 2028). •HVLP4 Foil: Year-end 2026 capacity at ~1,200 tons/month with a 400+ ton shortage. #PCB# #ZDT# #NVDA# #msap# #ABF# #EMC#