The Chinese circuit board industry continues to develop rapidly and has become the world’s largest producer of circuit boards. The market size will reach 307.816 billion yuan in 2022 and is expected to grow to 346.902 billion yuan in 2024. The industry is characterized by high degree of customization, long industrial chain, and diverse product types. The market is dominated by rigid boards, and high-end products such as packaging substrates and multilayer boards will have rapid growth. The government has introduced policies to promote industry development, with key enterprises such as Pengding Holdings and Jiantao Group occupying important positions. In addition, the new construction zone is promoting the landing of intelligent radar products, and Jiangxi Huaxun Ark Intelligent Technology Co., Ltd. expects that each production line will bring an annual output value of over 50 million yuan.
