According to the research report released on January 28, the purchase rating of Shenzhen Senior Technology Material Co.Ltd(300568) (300568.sz, latest price: 35.49 yuan) was maintained. The reasons for rating mainly include: 1) the diaphragm volume increased in the fourth quarter, and the product structure was further optimized; 2) Increase production expansion to support long-term high growth. Risk tip: the policy and sales volume are lower than expected, and the competition intensifies.