Olympic Circuit Technology Co. Ltd. – Market Context and Recent Developments

Market Performance

On 16 September 2025 the Shanghai Stock Exchange recorded a modest overall gain, with the Shanghai Composite Index rising 0.04 % to 3 861.87 points.
Among the 3,600 stocks that closed higher, more than 90 achieved a limit‑up (涨停). The robot‑concept sector was the dominant driver of this activity, with at least 27 shares touching the daily upper limit, including 世运电路 (603920), 汉威科技, 宏昌科技, 恒帅股份 and 三花智控.

Olympic Circuit Technology Co. Ltd. (603920) closed the session at 49.65 CNY, a level slightly below its 52‑week high of 50.55 CNY and within a narrow range above its 52‑week low of 19.25 CNY. The stock’s price‑earnings ratio of 40.251 reflects the premium attached to high‑growth technology firms in the sector.

Drivers of the Robot‑Concept Rally

  1. Industry Momentum

    • The sector benefited from multiple catalysts: the launch of OpenAI’s and Tesla’s advanced robotics initiatives, the release of the open‑source UnifoLM‑WMA‑0 by 宇树科技, and the announcement of a new “电力+具身智能” framework by 国网杭州供电公司.
    • Analysts highlighted that the fourth quarter would see a “重磅催化” for the robot industry, with the T‑chain (technology‑integration chain) emerging as a core theme.

  2. Institutional Activity at 世运电路

    • On 12 September, 世运电路 received a visitor‑meeting from 19 institutional investors, including investment funds and securities firms.
    • The company’s board secretary, 尹嘉亮, emphasized collaboration with 顺控 and the importance of AI‑based applications, intelligent driving, humanoid robots, and low‑altitude economy as new growth engines.
    • The company’s strategy is to build an integrated “PCB‑semiconductor‑encapsulation” capability, focusing on high‑integration modular solutions.

  3. Price Surge of 世运电路

    • The share price of 世运电路 increased by 10 % on 16 September, reaching 46.07 CNY, its highest level to date.
    • Over the past year, the stock has risen 134.45 %, outpacing the broader market (S&P 500‑like index up 43.18 %).
    • The company’s product portfolio includes high‑layer hard boards, high‑precision interconnect HDI, flexible printed circuits (FPC), hybrid hard‑soft boards with HDI, and metal‑based substrates.

Corporate Positioning

  • Core Business: Olympic Circuit Technology specializes in the design, manufacture, and sale of printed circuit boards (PCBs) for automotive, computer, and consumer product manufacturers.
  • Market Opportunities: With the industry’s shift toward AI servers, autonomous driving, and humanoid robotics, the demand for advanced PCBs—particularly multilayer, high‑density interconnect (HDI) and flexible boards—has risen sharply.
  • Strategic Alliances: The company is advancing partnerships with semiconductor and encapsulation firms to develop integrated solutions, positioning itself at the intersection of PCB manufacturing and semiconductor packaging.

Outlook

The confluence of institutional support, sectoral enthusiasm for robotics, and the company’s alignment with high‑growth application areas suggests that Olympic Circuit Technology will continue to benefit from the broader AI and robotics boom. Short‑term trading is likely to remain influenced by the ongoing robot‑concept rally, while long‑term valuation will hinge on the company’s ability to capture market share in the evolving high‑tech PCB ecosystem.