Shanghai is thriving: fourth quarter orders are about to be fully booked.

Shanghai's latest institutional research shows that the company's orders have been fully booked for the third quarter and are also expected to be fully booked for the fourth quarter. The company predicts that its furnace tube equipment, including LPCVD, oxidation furnace and ALD, will see a significant increase in output by 2025. In addition, the electroplating equipment is growing rapidly, maintaining a growth rate of around 50% this year and expected to continue on a fast growth trajectory next year.