Kingboard Laminates publishes 2025 annual report

• Kingboard Laminates annual report for FY2025 flagged stronger demand tied to AI-driven electronics, supporting higher sales volumes across laminates and upstream materials.
• Laminates division benefited from multiple price hikes during year, helped by copper price gains and tight supply in electronic fiberglass yarn and fabric.
• Vertical integration across key inputs helped maintain supply reliability during shortages, supporting mix shift toward higher-end, higher value-added products.
• Group invested about HKD 1.3 billion in new capacity in 2025, targeting further expansion in specialty electronic fiberglass materials.
• Pipeline included Shaoguan electronic fiberglass yarn and fabric facility scheduled to start production in 2H 2026, with new Guangdong copper foil plant slated for mid-2027.

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