On May 12, Suntak Technology responded to the progress of the current project on the investor interactive platform, saying that Dalian Suntak Phase II is still under construction; Zhuhai Chongda Phase II is currently in the preliminary survey and design stage, and has not yet started construction. The specific start time of Zhuhai Phase II will follow the project schedule.
According to the data, Suntak Technology’s main business is the production and sales of printed circuit boards. The company’s main product types include high multi-layer boards, HDI boards, high-frequency high-speed boards, thick copper boards, backplanes, rigid-flex boards, embedded capacitor boards,Three-dimensional boards, aluminum substrates, FPC, and IC carrier boards. The products are widely used in 5G Communication, server, consumer electronics, industrial control, medical equipment, security electronics and aerospace and other fields, Suntak Technology also stated that HDI products have always been our key development area, and its capacity utilization rate is subject to the decline of downstream prosperity, and the production capacity has not been fully released. In order to improve capacity utilization rate, the company has expanded industrial HDI production lines. to consumer HDI applications such as smartphones. Jiangmen Chongda Phase II has long been mainly producing high-end PCB products such as high-density interconnect (HDI), flex-rigid board, thin board, etc. HDI products of 1-4 stages can be mass-produced. Next year, the company plans to continue to expand the production capacity of mobile phone HDI. to meet customer needs. The company’s HDI products are mainly used in industrial control, mobile phone, LED, server and other fields. At present, the main customers are ZTE, Kusai, Emdoor, Leyard, KEBA, Schneider, Philips and other customers.
In terms of automotive electronics, Suntak’s automotive PCB boards are mainly used in communication and entertainment systems, body electronic systems, etc. The main customers of cooperation include Aptiv, Hanon, Panasonic, Joyson Electronics, Preh, Jiewen, Hangsheng Electronics, Leapmotor, Nexty, etc. Chongda Technology currently supplies electronic PCB products for new energy vehicles, and will actively develop related customers according to market demand in the future. Zhuhai Chongda will also increase the capacity reserve related to new energy vehicle PCB in the future, and expand the company’s track in the field of automotive electronic products.