During the trading session on June 17th, stocks in the printed circuit board (PCB) sector surged once again, with numerous companies hitting their daily price limits.

At the time of writing, Ruihuatai, Yibo Technology, and Kexiang Co., Ltd. had risen by the 20% daily limit, while over ten other stocks, including Nuode Co., Ltd., Xianfeng Holdings, Guanghua Technology, Zhongjing Electronics, Hongchang Electronics, and Huazheng New Material, also reached their limit-up prices.

Among them, Shennan Circuits saw its shares locked at the limit-up price, reaching a new all-time high and pushing its total market capitalization above 300 billion yuan to 302.6 billion yuan.

The company recently disclosed plans to raise no more than 4.882 billion yuan through a private placement of shares to specific investors.

After deducting issuance expenses, the net proceeds are intended to fund the Wuxi Shennan Circuits AI Computing Power Electronic Circuit Products Project and to supplement working capital.