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Express News | Computing hardware stocks have collectively rebounded, with Wus Printed Circuit rising over 8%.
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Wus Printed Circuit (002463): AI computing power Infrastructure has entered the realization period with a significant quarterly performance growth.
The product structure has been significantly adjusted, and profitability has improved markedly. In 2024, the company achieved revenue of 13.342 billion yuan (YoY +49.26%), with net income of 2.587 billion yuan (YoY +71.05%).
Express News | Wus Printed Circuit responds to the impact of USA tariffs on the Industry: No active expansion plans by peers in the USA have been observed.
Wus Printed Circuit (002463.SZ): The company's products are mainly exported to Southeast Asia.
According to a recent investor relations activity held by Wus Printed Circuit (002463.SZ) on April 16, 2023, the company's revenue from direct exports to the USA in 2024 is expected to be less than 5%. The company's products are primarily exported to Southeast Asia, and based on past industry practices, the company does not bear tariffs on its exported products. Currently, the main production areas of the PCB industry are concentrated in Asia, all of which fall within the scope of trade disputes. Among the company's major competitors, only TTM has some production capacity in the USA. Expanding PCB production capacity within the USA is extremely difficult, and no competitors have been observed targeting the main application fields of the company's products in the USA.