Gelonghui, November 21 | BOC International's research report points out that with the development of the global semiconductor industry and the company's expansion of target material and precision component production lines, Konfoong Materials International (300666.SZ) has maintained a quarterly increase in revenue since Q2 2023, with high year-on-year and quarter-on-quarter growth in revenue and net income attributable to shareholders projected for Q3 2024. The company is actively laying out ultra-pure target materials and key materials for third-generation semiconductors. Additionally, in 2023, a subsidiary was established in South Korea, and plans to build a new semiconductor target material production factory in South Korea will help enhance the company's international competitiveness and supply chain stability. Considering the growth potential of the company's target material and precision component business amid the trend of self-sufficiency, the profit forecast has been raised, and the company’s ultra-pure target materials and precision components are expected to accelerate volume growth, maintaining a "shareholding" rating.