According to the China Merchants Securities Research Report, Beifang Huachuang is the leading semiconductor equipment platform in China, and has formed an equipment matrix covering core processes such as etching, film deposition, heat treatment, wet cleaning, ion implantation, gluing, and bonding. 26H1 achieved operating income of 20.061 billion yuan, +24.90% year-on-year; net profit to mother was 3.370 billion yuan, +5.05% year-on-year. Domestic storage, logic and advanced packaging production is expanded, while downstream technology is being iteratively upgraded or the value of production lines is increasing, and the company's orders and revenue are expected to continue to grow. In the future, as the industrialization of new categories continues, it is expected that the accessible market space will expand. Upgraded to “Highly Recommended” rating.

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