CITIC Securities: The elasticity and sustainability of this round of electronic fabric price hikes will significantly exceed market expectations.

CITIC Securities pointed out that the elasticity and sustainability of the current round of electronic cloth price increases will significantly exceed market expectations. Special fabrics will release significant price elasticity in the context of active inventory replenishment cycles. Traditional fabrics, in the context of low inventory and tight supply and demand, are highly likely to break through previous highs in price. It is recommended to focus on all electronic fabric companies.