Core Viewpoint - The article discusses the investment strategies and philosophies of Zhongke Chuangxing, emphasizing the importance of investing during market lows rather than chasing trends during highs. It highlights the company's focus on hard technology and its long-term vision for fostering innovation in various scientific fields [5][12][40]. Group 1: Investment Philosophy - Zhongke Chuangxing's founder, Mi Lei, believes that capital should not chase trends but should invest during market lows, as industries experience cycles of highs and lows [5][12]. - The firm has successfully navigated through a challenging investment landscape, focusing on hard technology sectors that were initially overlooked by many investors [7][19]. - Mi Lei's investment logic is based on a deep understanding of technology trends and the economic cycles that influence them, which has evolved over the years [41][42]. Group 2: Company Achievements - Since its establishment in 2013, Zhongke Chuangxing has invested in over 570 hard technology companies, with a fund management scale exceeding 16 billion yuan [7][15]. - The company has made significant investments in various fields, including optical chips, quantum computing, and controlled nuclear fusion, which are now gaining traction in the market [21][22][38]. - Recent successes include the dramatic rise in stock prices of companies like Yuanjie Technology and the successful IPO of Zhipu AI, indicating a shift in market perception towards hard technology [15][38]. Group 3: Future Directions - Zhongke Chuangxing is focusing on early-stage technologies that are still in research or experimental phases, aiming to identify and support projects with high potential for commercialization [8][40]. - The firm plans to increase its investments in AI applications, commercial aerospace, brain-computer interfaces, and synthetic biology, reflecting a strategic shift to adapt to emerging market trends [40][41]. - Mi Lei emphasizes the importance of understanding the unique characteristics of the Chinese capital market, which influences investment strategies and decision-making processes [42][62].