Shengyi Technology reported strong first-half 2026 results as demand from AI servers and data center switches lifted sales volumes and pricing for high-end copper clad laminate products. Revenue rose 50.05% year-on-year to a record 19.03 billion yuan, while net profit attributable to shareholders climbed 130.42% to 3.29 billion yuan. Net profit excluding non-recurring items increased 110.99% to 2.91 billion yuan, basic earnings per share reached 1.36 yuan, weighted average return on equity rose to 18.17%, and operating cash flow increased 53.44% to 2.98 billion yuan. The company said sustained AI capital expenditure has put the global PCB industry into an upswing marked by rising volumes and prices, with AI servers and data center switches serving as the main growth engines.