Citi published a report to begin an upward catalytic observation on the 30th for Jiantao laminates. It is expected that the price of electronic grade fiberglass cloth will increase again in early September. Jiantao laminates may then announce an increase in the price of copper clad sheets in early October. The bank reiterated its “buy” rating. The target price is HK$95. The forecast price-earnings ratio is about 20 to 21 times in 2027, with a premium of 1.5 standard deviations from the historical average, to reflect the increase in the share of the new AI glass fiber cloth business and the potential for further profit increases. The bank expects earnings per share to grow at a compound annual rate of 94% from 2026 to 2028, and a dividend rate of more than 5% in 2027. Citi added that Jiantao Laminate plans to build 100 million meters of AI glass fiber cloth production capacity in 2028, including 78 million meters at the Qingyuan base. At that time, it is expected to become the world's leading AI glass fiber cloth manufacturer, with a market share of more than 20%.

Citi published a report to begin an upward catalytic observation on the 30th for Jiantao laminates. It is expected that the price of electronic grade fiberglass cloth will increase again in early September. Jiantao laminates may then announce an increase in the price of copper clad sheets in early October. The bank reiterated its “buy” rating. The target price is HK$95. The forecast price-earnings ratio is about 20 to 21 times in 2027, with a premium of 1.5 standard deviations from the historical average, to reflect the increase in the share of the new AI glass fiber cloth business and the potential for further profit increases. The bank expects earnings per share to grow at a compound annual rate of 94% from 2026 to 2028, and a dividend rate of more than 5% in 2027. Citi added that Jiantao Laminate plans to build 100 million meters of AI glass fiber cloth production capacity in 2028, including 78 million meters at the Qingyuan base. At that time, it is expected to become the world's leading AI glass fiber cloth manufacturer, with a market share of more than 20%.