东威科技高端装备三期项目建设奠基 受益AI投资驱动PCB设备订单或创历史新高

Core Insights - Dongwei Technology (688700) has launched its high-end equipment phase III project in Kunshan, Jiangsu, focusing on the application of composite current collectors in the downstream new energy sector and the development of electroplating equipment technology [1] - The project aims to produce and research roll-type horizontal membrane electroplating equipment and photovoltaic copper plating equipment, filling a domestic production gap [1] - Dongwei Technology is currently the only domestic manufacturer capable of mass-producing roll-type horizontal plating equipment, aiming to strengthen its industrial chain and enhance international competitiveness [1] Industry Trends - The demand for high-end PCB electroplating equipment is expected to exceed historical peaks due to the Southeast Asia investment wave in PCBs, AI server growth, and the electrification and intelligence of automobiles [1] - The composite current collector, which uses polymer materials to replace part of the metal in lithium batteries, is projected to become a strategic material for battery manufacturers to mitigate rising copper prices [1][2] - The penetration rate of composite copper foil in lithium batteries is expected to exceed 70% as downstream battery production yields improve [1] Technological Advancements - Dongwei Technology has been innovating in the field of surface treatment equipment for new energy materials, achieving mass production of composite current collector copper foil and photovoltaic copper plating equipment [1] - The company has developed advanced electroplating equipment that meets the higher requirements for thinner and wider substrates in composite copper foil production [2] - The third-generation photovoltaic copper plating equipment has been showcased at the 2024 SNEC conference and is currently in mass production with good operational performance [2]