China is a global electronics manufacturing center and a global consumer electronics market, which provides sufficient market depth for the domestic PCB circuit board industry. At the same time, the domestic PCB circuit board industry chain is well-equipped, and the labor resources are sufficient to make domestic PCB circuits. Board companies still have obvious competitive advantages.

China is an important PCB circuit board production base in the world. According to Prismark, in 2017, Asia accounted for about 90% of the global PCB board industry's total output value, and China accounted for more than 50% of the global PCB board industry's total output value. The domestic PCB circuit board industry has entered a period of sustained and steady growth. In 2017, the output value of China's PCB industry reached US$29.932 billion.

In 2017, the number of domestic PCB board enterprises was about 1,300, mainly distributed in the Pearl River Delta, the Yangtze River Delta and the Bohai Rim region. The PCB output value of the Pearl River Delta and the Yangtze River Delta accounted for about 90% of the total output value of the Chinese mainland. At the same time, due to factors such as rising labor costs and environmental protection requirements in coastal areas, the domestic PCB industry is gradually shifting to provinces and cities with better inland industrial conditions, such as Jiangxi Province.

Industry characteristics

The PCB circuit board industry has the main characteristics of regional, periodic and seasonal. In terms of regional aspects, due to the high level of economic development in the coastal areas of East China and South China, and the electronic information industry has been relatively developed, the advantages of talents, economy and industrial chain are more prominent. Therefore, the industry companies in the above two regions are constantly moving towards high-end products and high Value-added products are moving in the direction.

In recent years, due to factors such as rising labor costs and stricter environmental protection policies, companies in the industry have also stepped up their efforts to expand production capacity in areas with better basic conditions in the central and western regions.

In terms of periodicity, the PCB circuit board industry has a wide range of downstream applications, covering social and economic fields such as consumer electronics, communication equipment, automotive electronics, medical electronics, industrial control equipment, smart security, clean energy, aerospace and military products. The printed circuit board industry is less affected by a single industry, and its cyclical performance is mainly characterized by fluctuations in macroeconomic fluctuations.

In terms of seasonality, PCB boards are affected by factors such as holiday consumption and early customers' stocking in response to the peak season. The production and sales scale of enterprises in the industry in the second half of the year is generally higher than that in the first half of the year, but the overall seasonal characteristics are not It will be too obvious.

In addition, the downstream application field of the PCB circuit board industry is still expanding. The demand for mobile phones such as smart phones has driven the demand for FPC boards. The development of high-end servers has pushed the market space of HDI boards to expand. With the further development of technology, the downstream application areas of the PCB industry will continue to increase in the future.

Longxiang circuit board is positioned in the professional manufacture of LED aluminum substrate, high-density exposure circuit board, high thermal conductivity aluminum substrate, FR4 composite board and other circuit boards. The company has a professional team engaged in the production of circuit boards for nearly 20 years, with many excellent engineers and professional management personnel, as well as a full set of automated production equipment and precision testing equipment for professional production of circuit boards (aluminum substrates, glass fiber boards). . The company's entire production process is self-sufficient, with a monthly output of 20,000-30,000 square feet per month. Products are widely used in LED commercial lighting, security camera light board, car light lighting, aircraft flashing lighting and new energy batteries.