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On August 26, Hushi Electronics Co., Ltd. signed an agreement with the Huangshi Development Zone, Tieshan District, to add an investment of 3.6 billion yuan for the construction of high-end PCB (Printed Circuit Board) production lines for AI servers and artificial intelligence chips.

Hushi Electronics is known as the “pioneer” of the Huangshi PCB industry. In 2011, the company invested 3.3 billion yuan to settle in the Tieshan District of the development zone. In 2019, the second phase of the project was launched, entering the new energy smart connected vehicle sector. With this latest investment, the total investment exceeds 7 billion yuan, aiming to create a 10 billion yuan industrial park.

Mr. Wu Ligan, a Taiwanese businessman, is the founder of Hushi Electronics. After his son Wu Chuanlin took over, they aim to create a “new Hushi”. This project focuses on core high-end circuit boards for AI servers, communication equipment, and data centers, leading the Huangshi PCB industry from traditional circuit boards to high-end AI circuit boards.

Transformation Brings Explosive Growth

In 2024, Huangshi Hushi Electronics achieved a revenue of 2.929 billion yuan, with a net profit of nearly 500 million yuan, representing year-on-year growth of 47.33% and 47.65%, respectively.

In the first half of this year, the company’s output value increased by over 60% year-on-year, with an annual output value expected to exceed 4 billion yuan. Once the new project is completed, the annual output value is expected to surpass 10 billion yuan.

The booming market is driven by Hushi Electronics’ continuous push for industrial transformation and upgrading in recent years.

On July 3, Hushi Electronics, with a market value exceeding 80 billion yuan, hosted research from over ten investment institutions, stating that AI-driven demand presents opportunities for the industry, with insufficient supply of high-end product capacity. In the medium to long term, the development of artificial intelligence and network infrastructure brings new opportunities to the industry, necessitating investment in potential and innovative fields.

As a fundamental component for assembling electronic parts, PCBs are known as the “mother of the electronics industry” and are widely used in communication electronics, consumer electronics, computers, and data centers. “The price of consumer electronics PCBs is only a few hundred yuan, while AI PCBs cost several thousand yuan,” said a relevant person from Huangshi Hushi Electronics, noting that the company collaborates with many domestic and international industry giants, driving explosive growth over the past two years.

However, AI PCBs have higher requirements for high insulation and high thermal conductivity, and the processes are more complex. “The existing production lines are difficult to modify for suitability, and new production lines are urgently needed,” the person stated, adding that new project construction will start in the Huangshi Development Zone, Tieshan District by the end of this year.

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AI Sector Sparks New “Fission”

Every strategic move by Hushi Electronics plants a “seed” that continuously stimulates the “fission effect” of the optoelectronic information industry in Huangshi Development Zone, Tieshan District.

Chao Ying Electronics, which is sprinting towards an IPO, recently received approval for its listing on the Shanghai Stock Exchange. The raised funds will be used for the second phase of construction of high-layer and HDI projects, which, once completed, will add an annual production capacity of 360,000 square meters. Currently, Chao Ying Electronics has established solid partnerships with well-known companies such as Tesla and Seagate.

This year, the Huangshi Development Zone has also precisely introduced key projects such as Honghe Electronics’ AI high-performance fiberglass yarn, Taiguang Electronics’ high-frequency and high-speed copper-clad laminates, Litai Xin Electronics’ drilling needles and drilling, and Xie Yi Xin Electronics’ laser precision drilling and high-end circuit boards, seizing the opportunity in the high-end PCB market.

Data shows that from January to August, the Huangshi Development Zone, Tieshan District, signed a total of 19 new projects in the optoelectronic information industry, including high-layer high-density interconnect laminates, AI high-end electronic materials, high-end copper-clad laminates, and electronic terminal product display modules and assemblies, with a total investment of 12.25 billion yuan, achieving a leap from “single-point breakthroughs” to “full-chain eruptions”.

A relevant person from Litai Xin Electronics stated that the company is seizing the structural demand brought by AI and high-speed networks, optimizing and upgrading key processes to meet customer needs for smaller line widths and spacings, higher layer counts, and better signal integrity, serving PCB manufacturers in the area such as Hushi Electronics, Chao Ying Electronics, and Xin Yi Xing, forming an efficient collaboration within the industry chain.

As a result, the Huangshi Development Zone, Tieshan District, has gathered two-thirds of the PCB companies in Hubei Province; cultivated ten leading enterprises with an annual output value exceeding 1 billion yuan, six exceeding 5 billion yuan, and two exceeding 10 billion yuan, establishing a comprehensive industrial system covering the entire chain.

Moving Towards a Trillion-Level Industrial Cluster

Behind the industrial “fission” is the continuously optimized business environment and precise industrial policy system supporting the Huangshi Development Zone, Tieshan District.

In April 2025, the Hubei provincial-level optoelectronic information industry chain platform “Xingguang Chain” will be launched in Huangshi, along with the establishment of a supply chain company to unblock collaboration bottlenecks between upstream and downstream. In the first half of the year, the district secured project funding of 160 million yuan in the “two new” fields, facilitating financial cooperation between Hongtai Group, Yangtze River Optoelectronics Supply Chain, Bank of Communications, and Nord New Materials, with a total credit limit of nearly 1 billion yuan. Hushi Electronics also received 22.46 million yuan in national bond funding support for equipment upgrades.

The Huangshi Development Zone, Tieshan District, has innovatively implemented a “reservation registration system for enterprise-related activities”, coordinating 35 enterprise-related activities in the first half of the year and limiting unnecessary receptions 12 times, achieving “no disturbance without business, and prompt response to requests”. Additionally, a three-dimensional support system of “policy + service + ecology” has been established to provide full-cycle services for enterprises from establishment to growth.

In July of this year, 11 items from the district were included in the Hubei provincial business environment reform list, with the number of pilot reforms ranking among the top in Hubei’s national-level development zones. The systematic and institutionalized service capability has become a core advantage in attracting high-end resources. With the implementation of a series of policies and service measures, the output value of the optoelectronic information industry in the district increased by 23.8% year-on-year from January to July, with growth momentum continuously released.

As Hushi Electronics’ new capacity is gradually released,

supporting enterprises continue to gather,

and the regional industrial ecosystem becomes increasingly complete,

Huangshi is steadily moving towards a trillion-level optoelectronic information industrial cluster,

gradually building an innovative and vibrant industrial hub with distinct characteristics.

Source: Huangshi Daily, the copyright belongs to the original author, the purpose of reprinting is to share more information, and does not represent the position of this account. If there are any copyright issues, please contact the backend, and we will handle it as soon as possible.

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