Action | 14 Oct 2026 07:07:53 ET │ 13 pages WUS Printed Circuit (002463.SZ) 3Q26 NP Guidance Strong Beat; Reiterate Top Buy CITI'S TAKE WUS released 3Q26 guidance, with NP/adjusted NP mid-pt at Rmb2.5/2.6bn (+58%/+63% YoY QoQ), significantly beating CitiE/BBGe by 32%/44%, as well as buy-side expectations of Rmb2.2-2.3bn, in terms of investor conversation. We attribute strong 3Q26 beat to (1) capacity expansion backed by the Rmb4.3bn project, sustained 800G PCB pull-in momentum, and 1.6T switch PCB ramp-up d ...