According to the CITIC Securities Research Report, the scale of the China Semiconductor Equipment and Core Components Exhibition has been further expanded, and the number and scale of exhibitors of core components and materials has increased markedly. According to the WeChat accounts of the companies participating in the exhibition, the semiconductor equipment industry chain order boom will further increase in the third quarter of 2026, and the industry remains optimistic about equipment demand for the next 2-3 years. In the medium to long term, advanced logic is autonomous and controllable, 3D NAND architecture upgrades, HBM and advanced packaging are expected to continue to open up new categories and value space for equipment. Looking at the industrial chain, upstream domestic components have deepened from peripheral support to core process links. Midstream equipment continues to be booming, and downstream storage and advanced packaging technology upgrades continue to create demand for new equipment. At the same time, the participation of overseas manufacturers and customers is increasing, and overseas demand for domestic equipment, components and materials is worth paying attention to. Continue to be optimistic about the domestic semiconductor equipment and core components industry chain.

According to the CITIC Securities Research Report, the scale of the China Semiconductor Equipment and Core Components Exhibition has been further expanded, and the number and scale of exhibitors of core components and materials has increased markedly. According to the WeChat accounts of the companies participating in the exhibition, the semiconductor equipment industry chain order boom will further increase in the third quarter of 2026, and the industry remains optimistic about equipment demand for the next 2-3 years. In the medium to long term, advanced logic is autonomous and controllable, 3D NAND architecture upgrades, HBM and advanced packaging are expected to continue to open up new categories and value space for equipment. Looking at the industrial chain, upstream domestic components have deepened from peripheral support to core process links. Midstream equipment continues to be booming, and downstream storage and advanced packaging technology upgrades continue to create demand for new equipment. At the same time, the participation of overseas manufacturers and customers is increasing, and overseas demand for domestic equipment, components and materials is worth paying attention to. Continue to be optimistic about the domestic semiconductor equipment and core components industry chain.