前海开源基金崔宸龙：产业趋势为先 好公司应具备三大标准

Group 1 - The core viewpoint emphasizes the importance of industry trends in identifying good companies, which are often aligned with significant industry developments and technological innovations [1] - The investment value is primarily anchored using the Discounted Cash Flow (DCF) model for evaluation [1] - Three main criteria are highlighted for defining a good company: a clear upward trend in the industry over the next three to five years, a strong product or technological foundation with a deep "moat," and a commitment to high R&D investment and continuous innovation [1]