Zhen Ding Strengthens High-End IC Substrate Layout; Subsidiary Leading Aims for HKEX Listing
Global PCB giant Zhen Ding-KY's board of directors approved the application for its subsidiary Leading Semiconductor Technology to list on the Hong Kong Stock Exchange to accelerate expansion in the AI IC substrate market.
📋 Article Processing Timeline
- 📰 Published: April 17, 2026 at 20:09
- 🔍 Collected: April 17, 2026 at 20:31 (22 min after Published)
- 🤖 AI Analyzed: April 18, 2026 at 22:12 (25h 40m after Collected)
(Central News Agency Reporter Chiang Ming-yen, Taipei, 17th) Global PCB major Zhen Ding Technology-KY held a board of directors meeting today and resolved to approve its subsidiary, Leading Semiconductor Technology, to apply for listing on the Stock Exchange of Hong Kong. It will subsequently be submitted to this year's regular shareholders' meeting for deliberation. The purpose is to independently unlock the value of its high-growth business and strengthen the group's global competitiveness in the core infrastructure field of the AI era.
Zhen Ding-KY stated that Leading is an important subsidiary for the group's layout in the high-end IC substrate business, with product applications covering AI servers and high-speed computing. As the global demand for AI computing power grows rapidly and the industry enters the stage of advanced packaging and heterogeneous integration, the strategic position of high-end IC substrates in the semiconductor industry chain continues to rise. The rapid iteration of high-end products also gives the industry higher capital-intensive and technology-intensive characteristics.
In response to future operational growth and global market layout, Zhen Ding-KY pointed out that it plans to promote Leading's listing in Hong Kong, establish an international capital market platform to support long-term international development, further strengthen its capital structure and financial flexibility, while enhancing brand image and international visibility, and attracting international strategic investors and talent.
Zhen Ding-KY further explained that after the listing is completed, it is expected to continue to indirectly hold Leading's equity and maintain control through Monterey Park Finance Limited and its subsidiaries. Leading will remain a consolidated subsidiary of Zhen Ding after listing. The overall organizational structure of the group will not undergo major adjustments due to this plan, and related business operations will continue to progress steadily.
Zhen Ding-KY emphasized that after Leading's listing, introducing international capital market resources through an independent listing will accelerate its capacity expansion and technological upgrades for high-end IC substrates in AI applications, further amplifying its growth potential. Leading's independent listing helps clearly reflect the growth and value of the high-end IC substrate business, with the independent capital platform supporting its development. (Editor: Chai Ssu-chia) 1150417
Zhen Ding-KY stated that Leading is an important subsidiary for the group's layout in the high-end IC substrate business, with product applications covering AI servers and high-speed computing. As the global demand for AI computing power grows rapidly and the industry enters the stage of advanced packaging and heterogeneous integration, the strategic position of high-end IC substrates in the semiconductor industry chain continues to rise. The rapid iteration of high-end products also gives the industry higher capital-intensive and technology-intensive characteristics.
In response to future operational growth and global market layout, Zhen Ding-KY pointed out that it plans to promote Leading's listing in Hong Kong, establish an international capital market platform to support long-term international development, further strengthen its capital structure and financial flexibility, while enhancing brand image and international visibility, and attracting international strategic investors and talent.
Zhen Ding-KY further explained that after the listing is completed, it is expected to continue to indirectly hold Leading's equity and maintain control through Monterey Park Finance Limited and its subsidiaries. Leading will remain a consolidated subsidiary of Zhen Ding after listing. The overall organizational structure of the group will not undergo major adjustments due to this plan, and related business operations will continue to progress steadily.
Zhen Ding-KY emphasized that after Leading's listing, introducing international capital market resources through an independent listing will accelerate its capacity expansion and technological upgrades for high-end IC substrates in AI applications, further amplifying its growth potential. Leading's independent listing helps clearly reflect the growth and value of the high-end IC substrate business, with the independent capital platform supporting its development. (Editor: Chai Ssu-chia) 1150417