Kaizhong Precision's Thailand facility breaks ground, with production expected to commence in 2027

Economic Observer Network Kaizhong Precision has recently been active in overseas expansion and capacity enhancement. Its manufacturing base in Thailand has officially broken ground and is expected to start production in 2027. The company also stated that orders are sufficient, and new projects are continuously being designated.

In the past week, Kaizhong Precision’s main focus has been on overseas expansion and capacity increase. On March 13, 2026, the company’s Thailand manufacturing project officially broke ground in Rayong Province, with an expected completion and production start in 2027. This will add capacity for core products such as new energy precision connectors to strengthen the global supply chain. Additionally, on March 10, 2026, during an investor interaction, the company mentioned that orders are abundant, and new projects for top-tier domestic and international clients are continuously being designated. The two major intelligent manufacturing bases—“Precision Connectors + High-Performance Functional Materials”—have already started construction and are expected to gradually come online from 2027. These events reflect the company’s active efforts to expand overseas markets and optimize capacity layout.

From March 9 to March 13, 2026, Kaizhong Precision’s stock price fluctuated by 0.37%, with a maximum of 16.68 yuan (March 13) and a minimum of 15.60 yuan (March 9), with an intraday range of 6.64%. As of the close on March 13, the stock price was 16.32 yuan, up slightly by 0.31%, with a trading volume of about 119 million yuan and a turnover rate of 3.28%. During the same period, the electric power equipment sector declined by 0.71%, and the Motor II sector fell by 1.40%. The company’s stock performance was slightly better than the industry average. On March 13, the main funds saw a net inflow of approximately 9 million yuan, indicating increased short-term investor interest.

Institutional View According to the latest institutional research on March 15, 2026, Kaizhong Precision’s market sentiment is neutral. Institutional surveys are infrequent, and profit forecasts show steady growth. One institution predicts a 45.79% year-on-year increase in net profit for 2025, with growth slowing to 13.71% in 2026. In the long term, the expansion of the semiconductor business is viewed positively for its resilience. The current trailing twelve months (TTM) P/E ratio is 22.98, with a fund holding ratio of only 0.03%. The overall rating remains neutral, with no significant positive or negative signals observed.

The above content is compiled from publicly available information and does not constitute investment advice.