Shenzhen Circuit Board Giant Invests 11 Billion in Expansion

A leading electronic component company in Shenzhen has announced a massive investment plan. In mid-March, Peng Ding Holdings disclosed that its wholly-owned subsidiary Qing Ding Precision intends to invest 11 billion yuan to build a high-end PCB production base in Huai’an, Jiangsu. This marks Peng Ding’s second major project in Huai’an in seven months after the 80 billion yuan AI chip and circuit board expansion project started last August. Peng Ding, a global PCB giant, currently valued at over 120 billion yuan, reported a 11.4% year-on-year revenue increase to about 39.15 billion yuan in 2025, with a slight rise in…