Zhen Ding Posts 10.83% YoY Revenue Growth in May 2025

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Zhen Ding Technology Holding Limited, a global leading PCB manufacturer, reported May 2025 revenue of NT$11,791 million, up 10.83% YoY, marking a record high for the same period in the company’s history. Notably, in U.S. dollar terms, the company even achieved a YoY growth rate of 18.77%. For January through May 2025, cumulative revenue reached NT$65,462 million, up 20.76% YoY, also setting a new record for the same period. These results fully demonstrate the company’s robust growth momentum driven by strong demand for high-end applications.

According to Zhen Ding, May revenue maintained double-digit YoY growth, with IC substrates delivering the strongest performance among its four major applications, increasing by over 40% YoY and setting a new monthly record. This was followed by solid growth for Computer and Consumer Electronics and Mobile Communications. Zhen Ding indicated that the order momentum for IC substrates is strong and expects this business to be its fastest-growing segment in 2025, with full-year revenue growth of over 40%. At the same time, Zhen Ding is actively advancing the construction of its Kaohsiung AI Park to expand high-end ABF substrate capacity. Once the new capacity comes online next year, the company will be well-positioned to fulfill the demand of advanced packaging substrate from top-tier global customers, further enhancing its overall business performance.