The Aohong Electronics Fundraising Project is expected to be trial production in early 2022

Jiwei network news, on December 21, Aohong Electronics said on the investor interactive platform that the company's fundraising project is in an orderly manner, and it is expected to be trial production in early 2022, and the company is following its own strategic planning and operation plan to expand downstream customers to adapt to new production capacity.

According to public information, Aohong Electronics is a high-tech enterprise specializing in the research and development, production and sales of printed circuit boards, and the PCB products produced by Aohong Electronics include single-panel, double-sided and multi-layer boards, which are mainly used in home appliances, power supplies, energy, industrial control, communications and automotive electronics.

Since its inception, Aohong Electronics has gradually established a leading position in the PCB field of the home appliance industry, and has further expanded the application fields of power supply, communications and automotive electronics in recent years. It has been selected as one of the top 100 PCB enterprises in China released by the China Printed Circuit Industry Association (CPCA) for many consecutive years, and is one of the executive director units of the China Electronic Circuit Industry Association, and has been rated as an excellent national brand enterprise by CPCA.

Regarding the strategic areas of the company's development, Aohong Electronics said that the company's products are currently in the initial stage of automotive electronics and other fields, and the proportion of products is relatively small, but the field of automotive electronics and communications is the strategic area of the company's future development. The first is automotive electronics, including traditional cars and new energy vehicles. More and more control systems are being used in cars, and the demand for PCBs is also increasing. Second, in the field of communications, the scope is relatively wide, mainly relying on existing customers to do more market expansion, and the market prospects are also very broad.

For the prospects of the PCB industry, Aohong Electronics said that from the perspective of the regional market, the Chinese market is better than other regions, and the compound growth rate of China's PCB industry output value will still be better than other regions in the world in the next few years. With the rapid development of 5G, big data, cloud computing, artificial intelligence, Internet of Things and other industries, as well as industrial support, cost and other advantages, the market share of China's PCB industry will continue to increase. From the perspective of product structure, the growth rate of high-end products represented by multilayer boards and IC packaging substrates will be significantly better than that of ordinary single-layer boards, double-sided boards and other conventional products. (Proofreading/Andy)