Core Viewpoint - The report highlights the significant growth in the semiconductor equipment sector, driven by advancements in 5G communication, artificial intelligence, and cloud computing, which demand enhanced cooling solutions for high-performance chips [1][3]. Market Review - During the period from September 22 to September 26, the CSI 300 index increased by 1.1%, while the machinery sector rose by 1.6%, ranking 7th among all primary industries [2]. - The semiconductor equipment segment experienced the highest growth, with a rise of 15.4%, whereas the plastic processing machinery sector saw the largest decline, dropping by 2.0% [2]. Industry Insights - Diamond cooling solutions have emerged as a focal point, with the increasing demand for cooling capabilities in high-performance computing scenarios [3]. - Key advantages of diamond cooling include: 1. Exceptional thermal conductivity, exceeding 2200 W/(m·K), significantly outperforming traditional materials like copper and aluminum [3]. 2. Excellent thermal stability, maintaining physical and chemical properties under high-temperature conditions without deformation or performance degradation [3]. 3. Good compatibility with semiconductor materials, forming reliable and stable cooling structures without chemical reactions with most semiconductor materials such as silicon and gallium nitride [3]. - Major technology companies, including NVIDIA and Huawei, are exploring diamond cooling technologies, with NVIDIA testing diamond-cooled GPUs that can triple AI and cloud computing performance [3]. - The report suggests that as diamond cooling solutions continue to evolve, they may reshape the global competitive landscape of cooling technologies, with China positioned to benefit due to its leading production of synthetic diamonds [3].

Core Viewpoint - The Indian Ministry of Finance has announced the imposition of anti-dumping duties on plastic processing machines imported from mainland China and Taiwan for a period of five years, following a positive final ruling by the Ministry of Commerce [1][3]. Group 1: Anti-Dumping Duties - The anti-dumping duties are set at CIF 0%-63% for products from mainland China and CIF 0%-53% for those from Taiwan [1]. - The affected products include various plastic processing machines or injection molding machines with clamping forces between 40 tons and 1500 tons, including semi-knocked down (SKD) and completely knocked down (CKD) assemblies [1][3]. Group 2: Exemptions - Certain products are exempt from these duties, including blow molding machines classified under Indian customs code 84773000, vertical injection molding machines, and all electric injection molding machines with independent servo motor control [1][2]. - Additionally, imported independent parts/components and machines used for producing non-injection molding machines are also excluded from the duties [2][3]. Group 3: Background of the Investigation - The investigation was initiated on March 29, 2024, following a request from the Plastics Machinery Manufacturers Association of India [3]. - The final ruling was made on March 27, 2025, confirming the anti-dumping measures [3].