机构认为光掩模等高壁垒半导体材料有望打开成长新空间

Group 1 - The A-share market experienced narrow fluctuations with mixed performance among major indices, while sectors such as real estate, comprehensive, environmental protection, defense, and social services showed notable gains [1] - The semiconductor sector, particularly the domestic semiconductor photomask market, is witnessing strong demand for domestic alternatives due to the current market being dominated by American and Japanese companies [1] - Tianfeng Securities identified key characteristics of leading overseas companies in the photomask industry, including long-term industry experience, strategic acquisitions to enhance technical capabilities, and establishing operations in Asia and mainland China in the early 21st century [1] Group 2 - The Sci-Tech Semiconductor ETF (588170) tracks the Shanghai Stock Exchange Sci-Tech Board Semiconductor Materials and Equipment Theme Index, encompassing hard-tech companies in the semiconductor equipment and materials sectors [2] - The semiconductor equipment and materials industry is a crucial area for domestic substitution, characterized by low domestic substitution rates and high potential for domestic replacement, benefiting significantly from the expansion of semiconductor demand driven by the artificial intelligence revolution [2]