Core Viewpoint - The A-share market is gradually showing a slow bull trend one year after the "924" policy was introduced, indicating a potential value opportunity for investors [1]. Group 1: Stock Buyback Insights - The central bank has provided funding support for stock buybacks, but there are no clear restrictions on the conditions for selling repurchased shares [1]. - It is suggested that the use of buyback funds should not focus solely on short-term profits; instead, clear exit thresholds should be established, such as allowing sales only after the Shanghai Composite Index stabilizes above 4000 points [1]. - The purpose of stock buybacks must be clearly defined, whether for cancellation to enhance per-share value or for employee incentive plans, to prevent misuse of funds [1]. Group 2: Regulatory Recommendations - A "high-level unlocking" mechanism is recommended, allowing shares to enter the market only when stock prices reach reasonable highs, to create a virtuous cycle [1]. - Regulatory authorities are urged to pay attention to details in these processes to effectively support market stability and growth, aiming for higher index levels to boost the Chinese economy [1].