Core Viewpoint - The semiconductor metrology equipment sector is experiencing explosive growth due to advancements in logic processes, increased demand for 3D NAND and 3D packaging, and challenges posed by AI chip stacking, with global semiconductor equipment shipments expected to reach $117.1 billion in 2024, a 10% year-on-year increase [1]. Group 1: Company Developments - Jiangling Technology is leveraging independent innovation to enhance high-precision detection, 3D measurement, and AI-driven intelligent algorithms, positioning itself as a key player in breaking the monopoly in the domestic semiconductor equipment industry [1][3]. - The company has established a comprehensive product matrix covering various measurement series, including TFT, OM, HIMA, VISUS, ANDES, ALPS, and ROCKY, successfully industrializing and validating over ten types of measurement machines [5]. - Jiangling Technology's flagship TFT70 SuperHiK® high-end thin film measurement equipment has been successfully delivered to leading wafer manufacturers, marking a significant milestone in technology repurchase and capacity expansion [9][11]. Group 2: Technological Advancements - The company has developed unique measurement solutions for critical thin film thickness and optical critical dimension, addressing significant technical barriers in the industry [5][6]. - The AiMET artificial intelligence measurement system has been introduced, enhancing measurement efficiency by over 20 times and optimizing measurement recipes through AI, showcasing the integration of AI technology in high-end measurement [12]. - Jiangling Technology's ANDES series for defect detection in compound semiconductors has achieved mass production-level detection, meeting the growing demand for non-destructive testing in new energy vehicles and 5G communications [7]. Group 3: Market Positioning - The demand for 3D packaging, particularly in AI chips, is surging, with Jiangling Technology's HIMA series products strategically positioned to meet current and future market needs [6][7]. - The company is expanding its production capacity with a new facility in Zhejiang, increasing its annual equipment output capacity to over 200 units, which supports the growing demand for domestic semiconductor manufacturing [13]. - Jiangling Technology's advancements reflect a broader transformation in the domestic semiconductor equipment industry, moving from low-end replacements to high-end technology breakthroughs, with increasing recognition from leading wafer manufacturers [15][16].