GOLD CIRCUIT ELECTRONICS Business Summary

Gold Circuit Electronics Ltd (GCE) generates revenue through the design, high-volume manufacturing, and distribution of high-layer count printed circuit boards (PCBs), specializing in high-mix, technology-intensive applications. The company’s primary business segments are categorized by end-market application, with a dominant focus on Servers and Storage (accounting for over 50% of revenue), followed by Networking Equipment (switches and routers), and Notebooks/Consumer Electronics. As of 2026, GCE has solidified its position as a critical Tier-1 supplier in the global AI infrastructure supply chain, specifically providing high-density interconnect (HDI) and backplane PCBs for AI-specific ASIC servers and high-end GPU platforms. It competes directly with major industry players such as Unimicron Technology, Compeq Manufacturing, Tripod Technology, and Shennan Circuits, distinguishing itself through superior yields in 20-layer-plus boards and a strategic manufacturing footprint across Taiwan, China, and its newly expanded Thailand facilities. Founded in 1981 by Chang-Chi Yang, the company remains under the strategic guidance of the Yang family, ensuring long-term institutional stability. The current leadership team is headed by Chairman and CEO Chen-Tse Yang, who holds an MBA from Pace University and has been instrumental in pivoting the firm toward high-margin server and AI segments. He is supported by Vice President of Finance and CFO Chang-Chin Yang, a veteran executive with over three decades of tenure at the firm, and Special Assistant Chang-Ching Yang, who oversees manufacturing and engineering operations. The company’s board includes representatives from King Hsiang Investment Co., Ltd., its largest shareholder, and maintains a strong institutional investor base featuring global asset managers such as BlackRock, Vanguard, and Uni-President Asset Management.