- Business
- Kingboard Laminates Holdings Limited is an investment holding company principally engaged in the manufacture and sale of laminates and upstream materials for the electronics industry; it operates through three main segments including laminates, properties, and investments. The company produces a range of core products such as glass epoxy laminates (including FR-4 for high-performance electronic applications), paper laminates (such as FR-1 and XPC), composite epoxy material (CEM) laminates (including CEM-1 and CEM-3), and upstream materials comprising epoxy resin, glass fabric, glass yarns (electronic-grade), high-performance kraft paper for copper-clad laminates, and copper foil; these products serve applications in automobile electronics, smart home appliances, light-emitting diode (LED) products, telecommunications, consumer electronics, and automotive sectors. Founded in 1988 and headquartered in Sha Tin, Hong Kong, the company maintains extensive manufacturing facilities primarily in China (including Shenzhen, Jiangmen, Fogang, Shaoguan, Jiangyin, and Kunshan in provinces such as Guangdong, Qingyuan, Jiangsu) and Thailand; it is a subsidiary of Jamplan (BVI) Limited and part of the broader Kingboard Group, with production capacity exceeding 110 million square meters of laminates annually and significant export markets in Asia, Europe, and America.
In recent developments, the company expanded its Thailand laminate production capacity by 400,000 sheets per month in 2024, reaching 1 million sheets monthly by year-end, with plans for two further phases adding 800,000 sheets to total 1.8 million sheets monthly to support overseas demand including from Kingboard Holdings Limited's PCB operations. It invested approximately HK$700 million in new production facilities during 2024, alongside advancing R&D for high-frequency high-speed laminates, HVLP3 copper foil for AI servers, ultra-thin VLP copper foil for IC packaging, and low-dielectric fibreglass yarn (with a 500-tonne annual project in Qingyuan set to commence in second-half 2025); these initiatives address surging AI-driven demand in cloud data centers, robotics, autonomous driving, and high-speed networks. The company also progressed ESG efforts by investing HK$600 million in distributed solar photovoltaics (generating 130 million kWh green electricity annually, saving HK$117 million in costs) and HK$120 million in thermal energy recovery (reducing 45,000 tonnes of CO2 emissions in 2024), while posting 2024 revenue growth of 11% to HK$18.5 billion and underlying net profit up 36% to HK$1.35 billion, supported by price adjustments amid rising copper costs, technical improvements, and automation.