Zheng Quan Shi Bao Wang·2026-01-08 02:37Group 1 - The industrial gas sector experienced a strong rally on January 8, with significant stock price increases for companies such as Jinhong Gas rising over 15%, and other companies like Silane Technology and Heyuan Gas reaching their daily limit up [1] - The Ministry of Commerce announced on January 7 that it will initiate an anti-dumping investigation into imported dichlorodihydrosilane from Japan, effective January 7, 2026, due to evidence of rising import volumes and a 31% price decline from 2022 to 2024 [1] - Industrial gases are referred to as the "blood of industry," with their applications expanding across various sectors, including traditional industries like chemicals and metallurgy, as well as emerging fields such as semiconductors and renewable energy [1] Group 2 - According to Everbright Securities, the demand for electronic gases in China is rapidly increasing due to the rise of downstream industries like semiconductors and renewable energy, with the market size for electronic specialty gases reaching 22.08 billion yuan in 2022 and projected to grow to 31.66 billion yuan by 2025, reflecting a CAGR of 12.8% [2] - The industrial gas industry in China is developing rapidly, with a growing market size and the emergence of high-quality industrial gas companies, particularly those with stable cash flows and revenue [2] - The trend towards domestic substitution in electronic specialty gases is accelerating, prompting attention to the product development and capacity expansion of industrial gas companies entering this field [2]