Group 1 - The core viewpoint emphasizes three structural opportunities to focus on: high-quality dividend assets with sustainable returns in a low-interest-rate environment, high-prosperity sub-industries, and core assets benefiting from economic growth recovery [1] - Since September 24 of last year, the trading activity in A-shares has remained high, supported by fundamentals, policies, and capital [1] - The current market valuation is at a moderately high level, but market sentiment is positive, indicating that valuations have incorporated some favorable expectations for the future [1] Group 2 - Specific opportunities in sub-sectors include AI computing power, communication infrastructure, innovative pharmaceuticals, and equipment upgrades, which are expected to gain traction by the second half of 2025 [1] - The AI and computing power industry is supported by explosive market demand and accelerated technological iteration [1] - Communication and digital new infrastructure benefit from both policy-driven and technological upgrade advantages [1] - The innovative pharmaceutical sector is currently experiencing a cycle of innovation [1] - Equipment upgrades and high-end manufacturing are propelled by the continuous release of policy dividends [1]