Reported about 1 year ago
At the shareholders meeting of copper foil manufacturer Golden House (8358) held on June 21, 2024, the company's general manager, Li Sixian, mentioned that with the increasing penetration rate of the new PCIE5 platform and the shipment drive of AI server applications, Golden House's revenue and profit in 2024 are expected to surpass those of 2023. The company has entered the B100 and H100 supply chains, with the GB200 peripherals also introduced. It is anticipated that the contribution of AI servers to Golden House will become evident in the fourth quarter, with overall performance in the second half of the year outpacing the first half. Golden House's specialized copper foil proportion has reached 50%, with further growth expected in the latter half of the year. The company's continuous product improvement is projected to gradually increase profit margins and profitability. Moreover, in response to the tariff reductions in the ECFA for copper foil products, Li Sixian emphasized the importance of product differentiation, stable quality, and technological differences as key factors in material manufacturing competition.
Source: YAHOO