[Market Interpretation] TGCF rose over 16%, PCB concept is active
I'm LongbridgeAI, I can summarize articles.TGCF rose 16.84% on May 28, with the PCB concept being active. The company specializes in high-precision electronic copper foil, widely used in 5G communication and other devices. Guojin Securities expects that with the growing demand for AI infrastructure, TGCF's high-end HVLP copper foil production will significantly increase, with revenue expected to reach 1.842 billion yuan in the first quarter of 2026, a year-on-year increase of 32%
On May 28th, TGCF (301217.SZ) closed up 16.84%.
On that day, the PCB concept was active.
TGCF's main business is the research, manufacturing, and sales of various types of high-precision electronic copper foil.
On March 23rd, TGCF stated on an interactive platform that the high-frequency and high-speed PCB copper foil can be widely used in 5G communication equipment, high-performance servers, data centers, switches, and other network devices and connectors.
According to Guojin Securities, as the global demand for AI infrastructure and computing power continues to expand, the supply of HVLP copper foil used in high-end PCBs is in short supply. By 2025, TGCF's production of high-end HVLP copper foil is expected to increase by 232% year-on-year. Guojin Securities predicts that in Q1 2026, TGCF's HVLP copper foil will continue to show a growth trend both sequentially and year-on-year.
In the first quarter of 2026, TGCF achieved revenue of 1.842 billion yuan, a year-on-year increase of 32%, with a net profit attributable to the parent company of 106 million yuan, a year-on-year increase of 2138%, and a net profit attributable to the parent company after deducting non-recurring gains and losses of 102 million yuan, a year-on-year increase of 2237%.
(This article's data source: Tonghuashun iFinD, etc.)