It is easy to see from recent data from the two finance groups that leveraged funds have clearly been withdrawn from technology-related sectors. According to statistics from the Securities Times and Databao, as of August 3, the financing balance of the electronics industry had been drastically reduced by more than 15.6 billion yuan compared to the end of June, the communications industry had decreased by 49.133 billion yuan, and the computer industry had decreased by 17.458 billion yuan. The total shrinkage of the three typical technology tracks ranked among the highest. According to statistics from Databao, the financing balance of 62 stocks decreased by more than 1 billion yuan and by more than 20% compared to the end of June, mostly focusing on the core targets of technological growth. Optical module leader Zhongji Xuchuang's financing balance at the end of June was 43.656 billion yuan, the latest balance decreased by 12.604 billion yuan, a decrease of nearly 29%; Cambrian and Xinyisheng reduced their financing balances by 8.487 billion yuan and 7.728 billion yuan respectively, reaching 32.97% and 27.67% respectively; the financing balances of individual stocks such as Shenghong Technology, Demingli, and Zhaoyi Innovation all decreased by more than 6 billion yuan. Judging from the decline, the financing balance of Hangdian Co., Ltd. dropped the most, reaching 65.97%. In addition, individual stocks such as Jin'an Guoji, Telford Technology, Hongjing Technology, Demingli, Pengding Holdings, Far East, and Haohua Technology all declined by more than 50%. It is worth noting that some individual stocks have experienced drastic reductions in leveraged capital holdings, but their semi-annual profit forecasts have shown explosive growth. Such individual stocks are relatively more likely to rebound in the future, especially those with more sustainable performance. According to the data, out of the 62 shares mentioned above, the net profit of 22 shares surged by more than 100% year-on-year in the semi-annual report. The profit elasticity of enterprises in the AI industry chain is the most prominent. The median net profit of Jiang Bolong's semi-annual report increased nearly 683 times over the same period last year, while Demingli, Baiwei Storage, Yuanjie Technology, and GigaYi Innovation all increased more than 10 times.

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