On the evening of June 5, Shengyi Technology Co., Ltd., a leading copper-clad laminate company, disclosed the minutes of the 2023 investor on-site reception day, showing that the company is paying close attention to the inventory dissipation. It is expected that the domestic market may be the first to recover this time. The company continues to promote the localization of materials and equipment, and makes efforts in packaging, high-frequency and high-speed materials.

According to the statistics and ranking of the global rigid CCL by Prismark Research Institute in the United States, from 2013 to 2022, Shengyi Technology’s total sales of rigid CCL has jumped to the second place in the world, and its global market share has stabilized at around 12%.

Since 2005, Shengyi Technology has started to solve the technical problems of high-frequency and high-speed packaging substrates, and has developed a full range of high-speed products with different dielectric losses. Different dielectric application requirements, high-frequency products with multiple technical routes, and have achieved batch applications of multiple varieties.

The raw materials of many products of Bicheng Electronics are purchased from Shengyi Technology. In the field of high-frequency materials, orders for FR-4 PCBs have grown rapidly. FR4 (Flame Retardant 4) is a widely used material for the fabrication of printed circuit boards (PCBs). It is a type of composite material made up of woven fiberglass cloth and a flame-retardant epoxy resin binder. FR4 PCBs are popular for their Desirable properties, which include high strength, good dimensional stability, and excellent electrical insulation. At the same time, Shengyi's high-frequency materials are widely used in card packaging, LED, memory chips and other fields. At present, the market demand is weak, and price competition cannot be avoided. Bicheng Electronics will adjust the price according to the market situation, but the adjustment range is expected to gradually decrease.