HK Stock Market Move | Shenzhen Han's CNC Technology (03200) has surged over 6% again, with an expected net profit of 9 to 10 billion yuan in the first half of the year. The net profit margin in the second quarter is expected to reach a new high for a single quarter.

Shenzhen Hans CNC Technology (03200) surged over 6% again, up 6.23% to 122.8 Hong Kong dollars at the time of writing, with a turnover of 1129.73 million Hong Kong dollars. On the news front, Shenzhen Hans CNC Technology recently announced a profit increase, with an expected net profit of approximately 900 million to 1 billion RMB in the first half of the year, an increase of 241.85% to 279.84% year-on-year. The announcement stated that the proportion of revenue from AIPCB-related solutions has significantly increased, with the application of high-precision back drilling solutions for the protection of new generation high-frequency high-speed PCB signals and power integrity, high-end and mSAP process HDI drilling solutions, high-precision forming solutions, and other high-value-added products selling well. CMSC stated that Shenzhen Hans CNC Technology has consistently exceeded expectations in the past few quarters and is one of the companies with the highest realization rate in the PCB equipment segment. Q2 once again exceeded market expectations, and we estimate that the net profit margin in Q2 is expected to reach a new high for a single quarter. The bank pointed out that with the expansion of downstream computing power PCB production and technological upgrades, we are optimistic about DaJiangs core position in the PCB equipment industry, technological leadership, product high-end upgrades, and long-term space, with the potential to exceed expectations in performance.