Han's Laser Boosts Shares on $150M Chinese Firm’s Global Expansion Plan

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Shares of Han’s Laser Technology Industry Group surged following its announcement to invest approximately $150 million in establishing a new operational hub, likely in Southeast Asia, aimed at expanding its international reach and boosting service capabilities.

Today, Han’s Laser [SHE: 002008] finished up 7.7%, closing at CNY63.38 (around $9.23) per share, while the broader Shenzhen market rose by 1.2%.

The company revealed that it will finance the project independently, with implementation expected to be completed within 36 months.

This investment is designed to capitalize on opportunities in overseas markets, cater more effectively to global clients, improve resource management and operational efficiency, and accelerate its international expansion. These efforts are intended to strengthen its global market influence and competitiveness without significantly disrupting its core operations.

Recently, Han’s Laser noted during investor relations activities that their manufacturing supply chain is becoming more diversified, with increasing demand for equipment in Southeast Asia. The company is actively expanding its R&D and sales teams abroad, closely aligning with major clients to leverage the opportunities created by supply chain diversification.

Furthermore, in the international printed circuit board market, leading electronic terminal brands are diversifying their supply chains, prompting new PCB industry investment projects in Southeast Asian countries such as Thailand and Vietnam. As supply chains are restructured, new support systems are expected to be established in the U.S. and Europe to foster growth in the semiconductor sector.

In China, Shenzhen Han’s CNC Technology dominates the PCB-specific equipment market with a 10% share based on 2024 revenue data and controls over 30% of the drilling equipment market.

Han’s Laser reported a substantial 87% increase in net profit for the third quarter of the previous year, reaching CNY375 million (approximately $54.6 million). Its revenue also grew by 35%, totaling CNY5.1 billion (around $740 million).

Since the start of this year, the company’s operating performance has continued to improve, driven by a recovery in downstream industry demand.