电子行业周报：本周A股电子指数有所回调，关注奥来德、江丰电子等板块结构性机会

Investment Rating - The report maintains a "Positive" outlook on the electronic industry, indicating expectations for the sector to outperform the overall market performance in the coming months [21]. Core Insights - The electronic sector experienced a decline in indices from November 11 to November 15, with the Shanghai Composite Index down by 3.52% and the Shenzhen Composite Index down by 4.01%. Notably, the Philadelphia Semiconductor Index fell by 8.64% [1][6]. - Key stocks that saw significant gains during this period include Heertai (up 51.09%), Youyan New Materials (up 42.61%), and Mankang (up 19.17%) [1][6]. - Aolai De is positioned to benefit from the trend of stacked materials, with upcoming equipment bidding expected to enhance its market position. The company holds over 80% market share in G6 evaporation sources and is anticipated to gain from accelerated capital expenditures in G8.6 [1][11]. - Jiangfeng Electronics is experiencing rapid growth in its semiconductor components business, with revenue from this segment increasing by 95% and 59% in 2022 and 2023, respectively. The company is well-positioned to capitalize on the expanding market for semiconductor equipment [2][14]. Summary by Sections Weekly Market Review - From November 11 to November 15, both domestic and international electronic indices declined, with the Shanghai Composite Index down 3.52% and the Philadelphia Semiconductor Index down 8.64%. Key stocks with notable gains included Heertai and Youyan New Materials [1][6][7]. Aolai De - Aolai De is set to benefit from the increasing demand for OLED materials, particularly with the upcoming bidding for G8.6 AMOLED production line equipment. The company’s organic light-emitting materials are already being utilized in several high-profile products [10][11]. Jiangfeng Electronics - Jiangfeng Electronics is leveraging its expertise in ultra-pure metal sputtering targets to expand its semiconductor components business, which has shown significant revenue growth. The company’s market share in the global sputtering target market is approximately 18.6% [2][14][15].