Recently, the global integrated circuit industry indicators boom of the industry continued to rise. And for industrial development, and information security, China issued IC industry development goals, local governments also continue to implement concrete policies. In this context, we believe that the integrated circuit industry is expected to usher in greater development opportunities. The packaging and testing, as China IC (integrated circuit) industry an important part of the stronger, it will usher in a huge space for development. The global semiconductor industry in 2013 began bottoming out, the main indicators such as semiconductor equipment BB value of North America and Japan are showing upward trend boom. There is a huge space IC China import substitution industries, output size and needs serious unequal years, self-sufficiency rate of less than one-third. Guoxin Securities believes that smart phones, tablet computers, wearable devices, smart home and other new smart terminal IC industry is expected to bring the continent corner overtaking opportunities, the industry will also accelerate the localization process in policy support. IC packaging and testing of links with strong strength, size of the industry in recent years, rising share of global proportions, 2013 has been as high as 36%. Three mainland director beta Power Technology (600,584, stock it), Nantong Fujitsu Microelectronics (002,156, stock it), Huatian Technology (002,185, stock it) has been ranked the world's top twenty large packaging and testing plant, which Changjiang Electronics Technology 2013 rose to sixth in the world rankings. The second quarter of 2014 China's IC packaging and testing industry, long power technology, Nantong Fujitsu Microelectronics, Huatian Technology and other domestic packaging and testing companies strong growth, packaging and testing industry sales of 32.96 billion yuan, an increase of 17.8%. Investment advice: In the industry, the economy and national policies to promote the dual factors, IC packaging and testing sector is expected to continues to improve, proposes a focus on investment opportunities in the sector.