Aztech Global - UOB Kay Hian 2023-08-31: Touring Aztech’s Manufacturing Facility In Dongguan

Aztech Global - Touring Aztech’s Manufacturing Facility In Dongguan

Aztech (SGX:8AZ) | SGinvestors.ioAztech (SGX:8AZ)
  • We visited Aztech’s manufacturing facility in Dongguan and R&D centre in Shenzhen to better understand its manufacturing flow and R&D capabilities.
  • In the plant, we observed high-volume production and operational efficiencies. Aztech’s ability to leverage on its R&D expertise and provision of one-stop design and manufacturing services allows it to attract and build long-lasting relationships with its clients.
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Highly efficient operations in Dongguan facility.

  • Aztech Global (SGX:8AZ)’s largest manufacturing facility in Dongguan, China is strategically located near Guangzhou and Shenzhen, and enjoys an extensive expressway network that connects it to other cities in the Greater Bay Area.
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  • As a one-stop design and manufacturing service provider, achieving operational efficiency is key to delivering high quality products to its customers. This was seen in its electronics manufacturing flow, where the system testing of printed circuit board assembly (PCBA) is automated. On top of this, facility operations are run 24/7 by a long-serving team, maximising both output and efficiency.
  • From our understanding, many factories in Dongguan were grappled with prolonged shutdowns and leaves of absence during the COVID-19 pandemic, leading to low utilisation rates or worse, closures. The fact that Aztech has successfully weathered the crisis proves its strong manufacturing capabilities and steady orderbook.

Working closely with customers for smooth production.

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Above is the excerpt from report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full report in PDF @

John Cheong UOB Kay Hian Research | Heidi Mo UOB Kay Hian | 2023-08-31

Previous report by UOB:
2023-07-24 Aztech Global - 2Q23 Earnings Slightly Above Expectations; Cautiously Optimistic Outlook.

Price targets by 2 other brokers at Aztech Target Prices.

Listing of research reports at Aztech Analyst Reports.

Relevant links:
Aztech Share Price History,
Aztech Announcements,
Aztech Dividends & Corporate Actions,
Aztech News Articles


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