On July 12, Geelong Report pointed out that in the first half of the year, Naura Technology Group (002371.SZ) exceeded expectations in performance, optimized its product upgrade structure, and maintained a "strongly recommended" rating. The net profit attributable to the mother is expected to be 2.57-2.96 billion yuan in the first half of the year, a year-on-year increase of 42.8%-64.5%. The main reason for the significantly higher than expected profitability is that the scale of revenue continues to expand, the scale effect is prominent, and intelligent manufacturing helps to improve the company's operational level while strengthening cost control. The bank predicts that the global semiconductor thin film deposition equipment market will expand from $12.5 billion in 2017 to $34 billion in 2025, maintaining a compound annual growth rate of 13.3%. Naura Technology Group's magnetron sputtering technology has established a core technological advantage by continuously breaking through key technologies such as sputtering source design, representing a high level of domestically produced integrated circuit thin film preparation equipment. It is believed that the coverage and market share of the company's etching equipment process will continue to steadily increase. The company plans to use the flow meter platform as a basis to lay out key components such as gas quality flow meters, radio frequency power supplies, and automation systems, and create a high-end semiconductor component platform. Among them, the subsidiary Qixing Flowmeter, which is an important part of the component platform, plans to increase capital and expand its shareholding, and implement a stock-based incentive plan to establish a long-term incentive and restraint mechanism of risk sharing and benefit sharing between the enterprise and employees by setting up an employee shareholding platform.