KCT(SZ:002625) Zheng Quan Ri Bao Wang·2025-09-08 08:44Core Viewpoint - The company anticipates future growth driven by several key factors, including increased penetration of advanced equipment, horizontal expansion of metamaterial technology applications, and strengthened market competition barriers [1] Group 1: Growth Drivers - Continuous improvement in the penetration rate of advanced equipment: The company's products have achieved a significant leap in value within the equipment system, transitioning from technology validation (0→1) to mass production (1→N), creating sustainable incremental space as equipment upgrade cycles progress [1] - Horizontal expansion of metamaterial technology application scenarios: Leveraging the transferability of its underlying technology platform, the company is breaking through existing application boundaries to establish a second growth curve [1] - Strengthening of market competition barriers: As the industry's pricing mechanism becomes increasingly market-oriented, the company's full industry chain layout and the advantages created by its know-how in large-scale production are expected to be further realized [1]