Dear leaders, referring to our previous views, we firmly are bullish on the semiconductor parts sector.

English summary

We observed that this afternoon, semiconductor parts companies and ChiNext second-board new stock # Toruns has taken the lead in counterattack, currently up 8%. We believe this is a very good sentiment boost for the semiconductor parts sector. At present, for semiconductor parts, the core is to look at the extension of delivery times, improvement in utilization rates, and profit margin repair brought by demand prosperity. We expect profit to be reflected at the earliest in Q3 this year and at the latest in Q4 this year. We firmly are bullish on the semiconductor parts sector! For targets, refer to our previously issued reports: Fuchan Precision, Zhengfan Technology, Xinlai Yingcai, Shengong Co., etc.