Zhen Ding Tech. (ZDT) will hold an extraordinary shareholders’ meeting on October 19 to resolve the listing of its subsidiary Avary Holding (Shenzhen) Co., Limited (Avary Holding) in China. Currently, ZDT holds 80% of Avary Holding’s shares. If the resolution is passed in the extraordinary shareholders’ meeting, ZDT will initiate the application to list Avary Holding in China. Benefiting from Apple’s pull-in, ZDT is optimistic about the second half of 2017, and the consolidated revenue throughout this year is expected to hit a record high.

Due to increasingly wide applications of IoT and automotive electronics, the output value of PCB is expected to grow. As the new iPhone is released, the volume of ZDT’s substrate-like PCBs has gradually increased since July, leading to a rise in the consolidated revenue in July, reaching NT$8.064 billion with a monthly growth rate of 25.84% and a yearly growth rate of 37.93%, a record high in a single month this year. From January to July, the consolidated revenue amounted to NT$41.32 billion with a yearly growth of 12.39%. As customers start to pull in, the monthly revenue of ZDT in the second half of 2017 is estimated to hit a record high, and the quarterly performance is also expected to peak. (Source: China Times)