Reported 8 months ago
On June 24, 2024, PCB and PCB dry process equipment manufacturer Chunyi (6664) saw its stock price rise against the trend by 5.01% to close at 251.5 yuan, recovering the monthly average. The short, medium, and long-term technical indicators have strengthened, with support at 243 yuan and resistance at 279 yuan. Analysts anticipate that Chunyi's entry into the leading wafer foundry Advanced Packaging Equipment Supply Chain and successful layout in glass substrate equipment will drive future growth, with expectations for record-high revenue and profits in 2024, attracting market funds and leading to a three-day consecutive increase in stock prices. The company holds a significant number of patents with applications in wearable devices, smartphones, electric vehicles, and automotive electronics.
Source: YAHOO