October 18, Grong Hui | Everbright Securities research reports pointed out that Shanghai Shenmei (688082.SH) is the leading company in the domestic semiconductor cleaning equipment industry, will continue to benefit from the performance increase brought by localization, maintaining a "buy" rating on the company. In May 2024, the company launched wafer cleaning equipment for advanced packaging, which can effectively clean semiconductor wafers in the cleaning process after delamination, reducing the use of chemicals in the production process, with significant environmental and cost benefits. In the first half of 2024, the company's product research and development direction aligns with market trends and demands, deeply integrating with industry development. The research results of each product have been recognized by mainstream customers in the industry, customer validation is good, enhancing the competitiveness of the company's products.