[Tianfeng New Materials π Point Support] Market Bottom, What to Buy? --20260731

English summary

### [Tianfeng New Materials π Point Support] Market Bottom, What to Buy? --20260731 Time: 2026-07-31 10:13:54 Content: After the easing of overseas shocks, the market may have bottomed out. After experiencing liquidity shocks, many individual stocks now have very strong allocation value. Market bottom, what to buy: ① Electronic yarn: As the core skeleton of copper-clad laminates (CCL) and PCBs, the AI computing power explosion has driven a surge in demand for high-end electronic yarn. Coupled with loom bottlenecks, and the supply gap not only lasting to 2028, prices have sustained upward momentum. Surveys show that manufacturers have considered a relatively restrained price increase range based on downstream customers' affordability. Key recommendations: Jushi, Honghe, International Composites, etc.; ② Resin & copper foil: AI server upgrades drive explosive demand for CCL. Copper foil, as the core conductive layer, its surface roughness directly determines high-frequency signal transmission quality; electronic resin plays the role of insulation and bonding, and special resins build extremely high technical barriers, with performance directly affecting high-speed transmission stability. Together, they support the computing power base of AI hardware. ...