According to the Huatai Securities Research Report, the trend of high fundamentals in the AI technology chain sector has not changed. Among them, glass fiber electronic cloth and clean rooms have benefited from a sharp rise in volume and price. Although the stock prices of new material companies in the AI technology chain such as electronic cloth have generally been lowered by more than 30% since July, the cumulative increase since 2026 still reflects a trend of high performance growth, and the WAIC exhibition also showed the latest progress in domestic computing power and big models. It is expected to become an important driving force for the growth of domestic PCBs and upstream materials in the future. We will continue to be optimistic about booming sectors such as glass fiber and clean rooms in the medium to long term, and focus on breakthroughs in glass substrates from 0 to 1.

According to the Huatai Securities Research Report, the trend of high fundamentals in the AI technology chain sector has not changed. Among them, glass fiber electronic cloth and clean rooms have benefited from a sharp rise in volume and price. Although the stock prices of new material companies in the AI technology chain such as electronic cloth have generally been lowered by more than 30% since July, the cumulative increase since 2026 still reflects a trend of high performance growth, and the WAIC exhibition also showed the latest progress in domestic computing power and big models. It is expected to become an important driving force for the growth of domestic PCBs and upstream materials in the future. We will continue to be optimistic about booming sectors such as glass fiber and clean rooms in the medium to long term, and focus on breakthroughs in glass substrates from 0 to 1.