Group 1: Non-Bank Financial Sector - The report highlights a positive outlook for the brokerage sector, driven by favorable economic policies and a stable stock market environment, with a recommendation to focus on low-valuation leading brokerages, high beta fintech stocks, and firms benefiting from the expansion of the Hong Kong IPO market [4][11][10] - The brokerage sector has shown a significant increase, with a 9.6% rise in the first three days of the week, outperforming the CSI 300 by 6.6% [8] - Key metrics indicate a strong recovery in brokerage performance, with a 48% year-on-year increase in average daily stock trading volume in Q2 2025, and a 22% increase in margin financing scale [9][11] Group 2: Media Sector - Giant Network - The company is recognized as a leading online game developer, with a solid core IP and a focus on innovative game development, receiving a "Buy" rating [15][16] - Expected net profits for 2025-2027 are projected at 1.919 billion, 2.307 billion, and 2.560 billion yuan, with corresponding EPS of 0.99, 1.19, and 1.32 yuan, indicating a favorable PE ratio [15][17] - The company is expanding into new game categories, with promising titles like "Supernatural Action Group" and "Five Thousand Years" set to drive future growth [17][16] Group 3: Non-Ferrous Metals - Jincheng Mining - Jincheng Mining is positioned as a leading mining service provider in China, with a dual business model of mining services and resource development, expecting significant profit contributions from copper and phosphate sales [19][20] - The company anticipates net profits of 2.170 billion, 2.466 billion, and 3.245 billion yuan for 2025-2027, with a favorable PE ratio [19][21] - The mining service sector is expected to grow rapidly due to increasing global demand and the aging of copper resources, providing Jincheng Mining with a competitive advantage [20][21]