Dongguan Material Giant Surges to 340 Billion Yuan

Dongguan’s leading copper-clad laminate (CCL) factory, Shengyi Technology, has broken through the 340 billion yuan mark with its stock price reaching 140.62 yuan at the close on May 29, pushing its market value to 341.5 billion yuan. The company, under the leadership of Chairman Chen Renxi, ranks second globally in CCL sales. The surge in demand for AI servers has led to a boom in the CCL market, propelling Shengyi Technology, traditionally low-profile, to rapid growth with annual revenue reaching 28.4 billion yuan. Focusing on high-end markets, Chen Renxi’s team has set directions for scale development, technological advancement, product diversification,…