Li Lifeng, deputy director of the West China Securities Research Institute and chief strategy analyst, released the latest research report saying that the company's semi-annual performance report shows that the domestic AI industry chain and resource products have maintained a high level of prosperity. Among them, optical module leaders Xinyisheng and Tianfu Communications all exceeded expectations in their semi-annual reports, which also verified the development of new momentum. At the industrial level, the World Artificial Intelligence Conference further sent positive signals. During the conference, more than 300 new AI products were launched globally, the 100,000-card AI supercluster produced nationwide was completed, and Chinese companies released the world's largest open source model, etc., confirming the vigorous vitality and intrinsic value of the Chinese technology industry. Overall, short-term impacts caused by external disturbances should be viewed rationally. According to Li Lifeng, this pullback is a technical adjustment, and repair conditions may already be in place. As selling pressure gradually weakens, micro liquidity is expected to gradually recover. There is limited room for a sharp decline at the index level, and a new round of recovery in A-shares may not be far away.

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