Market Overview - On July 8, the Shanghai Composite Index rose by 0.7%, the CSI 300 increased by 0.84%, the STAR 50 climbed by 1.4%, the CSI 1000 went up by 1.27%, the ChiNext Index surged by 2.39%, and the Hang Seng Index gained 1.09% [4] - The best-performing sectors on July 8 were telecommunications (+2.89%), electric power equipment (+2.3%), electronics (+2.27%), building materials (+2.12%), and media (+1.73%). The worst-performing sectors included utilities (-0.37%), banking (-0.24%), household appliances (+0.21%), transportation (+0.22%), and pharmaceuticals (+0.31%) [4] - The total trading volume for the A-share market on July 8 was 1,474.6 billion yuan, with a net inflow of 387 million Hong Kong dollars from southbound funds [4] Key Recommendations - The report highlights New Asia Electronics (605277) as a core supplier for Amphenol, with potential to enter the external wire market, which may enhance its valuation [5] - The recommendation logic is based on the company's collaboration with Amphenol to develop new technology that reduces reliance on imported equipment/materials, offering better cost-performance and product quality [5] - The company’s new technology has already been mass-produced in PCIe and is expected to be applied in 448G and PCIe 7.0, with potential entry into the 224G/448G market [5] Financial Projections - Revenue forecasts for New Asia Electronics from 2025 to 2027 are 4,023 million yuan, 4,742 million yuan, and 5,736 million yuan, with growth rates of 13.92%, 17.88%, and 20.96% respectively [5] - The projected net profit attributable to shareholders for the same period is 181 million yuan, 229 million yuan, and 338 million yuan, with growth rates of 18.41%, 26.43%, and 47.68% respectively [5] - Earnings per share are expected to be 0.56 yuan, 0.71 yuan, and 1.04 yuan, with price-to-earnings ratios of 37, 29, and 20 times [5]