Core Viewpoint - The investment advisory industry in China is experiencing significant growth, driven by increasing wealth management awareness among residents and the evolving role of investment advisors as key facilitators in asset allocation [2][3]. Group 1: Investment Advisor Performance - He Cunyue from Zhongtai Securities Shenzhen branch achieved the eighth position in the public fund simulation portfolio ranking for July, with a monthly return of 11.39% [1][2]. Group 2: Market Trends and Strategies - The current A-share market exhibits two main characteristics: a steady upward trend with high trading volumes and a dual driving force from liquidity and policy support, indicating a "slow bull" market [3][4]. - The investment strategy employed by He Cunyue focuses on wave operation, utilizing market trend judgments and volatility predictions to optimize buying and selling within favorable price ranges [3]. Group 3: Future Investment Opportunities - Four key investment directions are highlighted: 1. AI computing power and semiconductors, driven by global AI investment growth and domestic semiconductor equipment localization [4]. 2. Innovations in new energy materials, including breakthroughs in solid-state batteries and cost-effective green hydrogen production [4]. 3. Integrated air-ground industries, with advancements in low-altitude economy infrastructure and satellite internet applications [4]. 4. National defense and military industries, spurred by upcoming events and performance catalysts [4]. Group 4: Challenges for Investment Advisors - Investment advisors face three main challenges: 1. Replacement by intelligent tools, shifting from "information intermediaries" to "value creators" [5]. 2. Increased complexity of asset classes, necessitating rapid understanding of new valuation logic [5]. 3. Heightened trust crises due to performance volatility and conflicts of interest [6]. Group 5: Innovations in Advisory Services - Zhongtai Securities is innovating its advisory services by transitioning from a "seller-driven" to a "buyer-accompaniment" model, enhancing service through technology and ecosystem collaboration [7]. - Key initiatives include the introduction of the "Qifu Investment" brand, AI-driven service processes, and a focus on client asset growth rather than sales volume [7].