Shenghong Technology shares rose 9.23% to 248.00 yuan on Sept. 21, lifting market value to 237.3 bln yuan, after market chatter that the PCB leader secured a 70% share of a North American customer's orthogonal backplane orders and that its Google TPU

2026-09-21

Shenghong Technology shares rose 9.23% to 248.00 yuan on Sept. 21, lifting market value to 237.3 bln yuan, after market chatter that the PCB leader secured a 70% share of a North American customer's orthogonal backplane orders and that its Google TPU PCB revenue guidance was raised twofold amid H2 growth rumors. The company said cooperation details are confidential, it has made no forecasts or commitments on upcoming results and will rely on periodic disclosures; staff added broader gains in the PCB and technology sectors also contributed to the share move.