Rikeda: Entering the field of semiconductor test probe cards/probe stations, benefiting from the global expansion of memory chip production

In recent years, the company has gradually improved its "optical + electrical + copper" business deployment centered around AI. Since 2025, the company has entered the field of active copper cables (AEC) and power cords (powerwhip) for data centers, with customers including North American CSPs and leading GPU companies. In 2026, the company plans to strengthen its optical interconnection business through various means, aiming to become one of the few "optical-electrical-copper" transmission platform companies in AI data centers

#Bind with the leading Japanese semiconductor testing equipment company, #enter the probe card/probe station field. AI-driven chip industry accelerates expansion, and the demand for probe cards/probe stations in the packaging and testing process has increased significantly. #Companies originally responsible for supporting, such as Amphenol, are in short supply, giving Rui Keda an opportunity to enter the market. Currently, the company is cooperating with the leading global semiconductor equipment company in Japan to provide probe cards/probe stations for the final test stage. The testing has been completed, and shipments are expected to start in the second half of the year

With a multi-channel layout, the company stands to benefit from the domestic expansion of memory chip production. Currently, the company's overseas market for probe cards/probe stations primarily relies on Japan's leading semiconductor testing equipment companies. At the same time, it is actively expanding into the domestic market. Currently, its products are undergoing certification/testing through multiple channels. It is expected that the company will start benefiting from the expansion of domestic leading memory chip companies in the second half of the year

Red packet investment opportunity: We believe that Ruikeda is a "small yet beautiful" company with high execution capabilities. The company has achieved good results in several entrepreneurial ventures and business expansions throughout its history. Since 2025, it has seized the opportunity presented by AI, #benchmarking against global connectivity leader Amphenol to explore new business opportunities. It has benefited from the increasing demand in various fields driven by AI, demonstrating excellent business acumen and execution capabilities. Highly recommended

Risk warning: Industrial development falls short of expectations