Victory Giant Technology Lists in Hong Kong to Boost AI PCB Capacity
Victory Giant Technology debuted on the Hong Kong Stock Exchange on April 13, 2026. The company, specializing in advanced printed circuit boards for AI and high-performance computing, aims to increase funding for expansion.
Victory Giant Technology was listed on the Hong Kong Stock Exchange on Monday, April 13, 2026, aiming to secure further funding for capacity expansion and reinforce its technological leadership in the AI and high-performance computing (HPC) printed circuit board (PCB) market.
The company reported its first-half 2025 results, ranking first globally in the AI/HPC PCB market with a 13.8% share, a significant increase from 1.7% in the full year 2024, according to Frost & Sullivan. In 2025, Victory Giant achieved total revenue of RMB 19.3 billion, a 79.8% year-on-year increase, and a net profit of RMB 4.31 billion, marking a 273.5% surge. Demand for high-build-up HDI boards for AI servers has particularly driven the company's growth.
Victory Giant Technology manufactures multi-layer PCBs (MLPCB) with over 100 layers and high-build-up HDI boards. The company is among the first globally to achieve mass production of 24-layer HDI boards.