DELTON Technology (01989) saw its shares rise more than 8% during early trading, reaching a new all-time high of HK$181.5. By the time of writing, the stock was up 5.57% at HK$176.4, with a turnover of HK$217 million. The surge follows the company's positive profit alert, projecting a net profit attributable to shareholders of RMB 380 million to RMB 400 million for the first quarter of 2026, representing a year-on-year increase of 58.09% to 66.41%. This growth is primarily driven by three key factors: the rapid expansion of the computing power PCB market, the ramp-up of production capacity at its Thailand facility, and cost optimization efforts at its Huangshi subsidiary. The company is scheduled to hold a board meeting on April 29 to review and approve the first-quarter results. Zhongtai Securities previously highlighted that as a leading manufacturer of server PCBs, DELTON stands to benefit significantly from the ongoing server upgrade cycle. The firm believes that against the backdrop of tight supply for high-end AI PCBs, DELTON is well-positioned to leverage its advanced technical capabilities to secure more AI clients. Additionally, the company's three major production bases operate synergistically, with ample capacity reserves. Continuous capacity expansion and technical upgrades further lay a solid foundation for future performance growth.