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Every AI Express, Donghai Securities released a research report on November 20th, giving Zhongwei Corporation (688012.SH) a "buy" rating. The rating reasons mainly include: 1) Zhongwei Corporation is one of the leading companies in the domestic semiconductor equipment industry, mainly providing etching, thin film deposition, MOCVD and other equipment for manufacturers of semiconductor products such as integrated circuits, LED epitaxial wafers, power devices, and MEMS; 2) The company's core is CCP etching equipment, and has successfully developed ICP etching equipment, covering over 95% of etching application needs. With the iteration of advanced processes and three-dimensional storage technology, the demand for etching equipment will further increase; 3) In terms of thin film deposition and MOCVD epitaxial equipment, the company has successfully released six thin film deposition products, covering the tungsten and metal process requirements of storage devices and advanced logic devices; the company's gallium nitride MOCVD equipment maintains a global leading position, and will further extend to mini/microLED and power device applications. (Daily Economic News)
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