According to the CITIC Construction Investment Research Report, the global semiconductor equipment boom continues to improve. Overseas equipment and components have experienced a “sharp rise in volume and price”, overseas deliveries have been drastically extended, domestic equipment and components have experienced training during the “14th Five-Year Plan” period, and their capabilities have greatly improved, and they have sufficient potential to go overseas. On the other hand, in addition to external sanctions, global shortages have made it more difficult for domestic and downstream customers to obtain overseas equipment and parts. We are optimistic that the rate of domestic replacement in the domestic market will be greatly accelerated.

According to the CITIC Construction Investment Research Report, the global semiconductor equipment boom continues to improve. Overseas equipment and components have experienced a “sharp rise in volume and price”, overseas deliveries have been drastically extended, domestic equipment and components have experienced training during the “14th Five-Year Plan” period, and their capabilities have greatly improved, and they have sufficient potential to go overseas. On the other hand, in addition to external sanctions, global shortages have made it more difficult for domestic and downstream customers to obtain overseas equipment and parts. We are optimistic that the rate of domestic replacement in the domestic market will be greatly accelerated.