Jin Xin Nuo: By 2025, the gross profit margin of the PCB business will turn into -5.9%, and the operational status continues to improve.

Jinxinuo stated at the performance briefing on May 20th that the gross profit of the company's PCB business has improved from -22.82% in 2024 to -5.9% in 2025, indicating a continuous improvement in business operations. The total investment in the Xinfeng PCB production base is about 700 million to 800 million yuan, mainly producing RF and high-speed PCB products that are highly compatible with the company's existing communication and data center customers, aligning with the company's future development focus on core components for signal transmission. At the same time, the company is actively introducing strategic investors and implementing an employee stock ownership plan to continuously improve the profitability of the PCB business and make it a beneficial complement to the company's overall business.