On July 24, Torrance, a newly listed stock, once again soared to its daily limit up, marking its third consecutive daily limit up within the past four trading sessions and propelling its total market capitalization beyond the 30 billion yuan milestone. The primary catalysts behind this remarkable market trend are the global price surge across the entire semiconductor component supply chain and the accelerated pace of import substitution in China. Within the industry chain, pricing power is increasingly shifting towards the equipment and component sectors. Furthermore, with Changxin Technology poised for listing on the STAR Market, expansion expectations are being channeled through the equipment bidding process, subsequently boosting component orders. As a crucial supplier of upstream precision components, Torrance maintains deep-rooted ties with leading equipment manufacturers such as Naura Technology Group and Advanced Micro-Fabrication Equipment Inc. (AMEC). The company excels in three core processes: high-precision machining, multi-layer vacuum brazing, and high-end surface treatment. Its product range spans core semiconductor process equipment, including etching and thin film deposition, positioning Torrance to be at the forefront of reaping the benefits.