--- title: "Nandian: Capital expenditure scale and intensity reach new highs, with performance growing quarter by quarter in the second half of the year" type: "News" locale: "en" url: "https://longbridge.com/en/news/286351673.md" description: "Nan Dian held a shareholders' meeting at the Taoyuan Jin Xing plant, deciding on a dividend of 2 yuan per share. Chairman Zou Mingren stated that this year’s operations are performing well, and capital expenditures will exceed previous levels, focusing on new process development and improvements to existing processes. General Manager Lü Lianrui pointed out that capital expenditures will address the medium to long-term needs of customers, with revenue and profits expected to grow quarter by quarter in the second half of the year, and the performance of artificial intelligence applications has already accounted for over 50%. Nan Dian's IC substrates account for nearly 90% of overall performance, with major production capacity distributed in Taiwan and the Kunshan plant in mainland China" datetime: "2026-05-14T03:30:50.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286351673.md) - [en](https://longbridge.com/en/news/286351673.md) - [zh-HK](https://longbridge.com/zh-HK/news/286351673.md) --- # Nandian: Capital expenditure scale and intensity reach new highs, with performance growing quarter by quarter in the second half of the year IC substrate manufacturer Nan Ya PCB held its shareholders' meeting this morning at the Jin Hsing plant in Taoyuan, approving a dividend of NT$2 per share and various other proposals including the re-election of directors. Nan Ya's Chairman, Tsou Ming-Jen, stated in an interview that the company's operational performance this year is good, with capital expenditures focused on developing new processes and improving existing ones, utilizing group resources to plan new production lines in existing and other plants. Nan Ya's General Manager, Lu Lian-Rui, stated in a media interview after the meeting that this year's capital expenditure scale and intensity will surpass previous years, in response to the medium to long-term demands of future customers, mainly focusing on equipment bottleneck removal and expansion plans for existing and other plants, including locations in Taiwan and other overseas sites. Lu Lian-Rui explained that the Jin Hsing plant continues to upgrade production lines and remove bottlenecks in processes, expecting to expand the layout of advanced products in the second half of the year; the Shulin plant continues to expand advanced process capacity, with the average utilization rate of the three major plants, including the Kunshan plant in mainland China, exceeding 80%, and the capacity expansion at the Kunshan plant is about in the double-digit percentage range. Looking ahead to this year's operations, Lu Lian-Rui expects that in the second half of the year, Nan Ya's revenue and profit targets will grow quarter by quarter, with the contribution of artificial intelligence (AI) applications already exceeding 50%. Regarding the current product mix, Lu Lian-Rui stated that IC substrates account for nearly 90% of Nan Ya's overall performance, with the proportion of ABF substrates greater than that of BT substrates; observing the capacity distribution, the capacity share of the Taiwan plants is nearly 80%, while the Kunshan plant in mainland China accounts for about 20%. Industry sources indicate that Nan Ya's BT substrate capacity is mainly located at the Jin Hsing plant in Taiwan and the Kunshan plant in mainland China; ABF substrate capacity is distributed between the Shulin plant and the Jin Hsing plant; the Kunshan plant also has some ABF substrate capacity, while the Shulin plant specializes in high-end products for important American customers ### Related Stocks - [300068.CN](https://longbridge.com/en/quote/300068.CN.md) - [002305.CN](https://longbridge.com/en/quote/002305.CN.md) ## Related News & Research - [Analysis: Why Mediatek is raising product prices](https://longbridge.com/en/news/290600224.md) - [Bid-rigging trial over HK$700 million in renovation work set for 2028 at earliest](https://longbridge.com/en/news/290677138.md) - [Prediction: Amazon will surpass Microsoft's market cap and join the $3 trillion club by the end of summer](https://longbridge.com/en/news/290443990.md) - [AT & S Austria Technologie & Systemtechnik (WBAG:ATS) Stock Could Be 171.2% Overvalued After Kulim Expansion](https://longbridge.com/en/news/290504943.md) - [5 things to know for June 22: World Cup, UK prime minister, Iran deal, tornado outbreak, reflecting pool](https://longbridge.com/en/news/290428045.md)