Group 1 - The core viewpoint is that emerging sectors such as artificial intelligence, smart manufacturing and robotics, and next-generation information technology are expected to drive growth in the ChiNext market [3][4]. - The weight of the pharmaceutical industry in the ChiNext has decreased from 30% to nearly 20% over the past 3 to 5 years, while the weight of the new energy sector has dropped from over 40% in August 2022 to just above 30% [3]. - The TMT (Technology, Media, and Telecommunications) sector has seen an upward trend in its weight within the ChiNext [3]. Group 2 - The artificial intelligence sector is rapidly evolving, with domestic AI computing power expected to develop quickly in the next one to two years. The domestic AI chip industry is becoming self-sufficient due to U.S. restrictions on AI chip exports [3]. - Major cloud service providers in China are projected to double their capital expenditures by 2025, which will catalyze the growth of domestic AI computing power [3]. - The cost of large AI models has significantly decreased, benefiting downstream applications in terms of revenue and cost [3]. Group 3 - The smart manufacturing and robotics sector is gaining attention, with rapid development in humanoid robots and related industries. The acceleration of domestic substitution in high-end manufacturing, such as semiconductor testing and precision manufacturing equipment, is expected to enhance domestic awareness [3]. - The new generation information technology sector, including quantum computing and 6G communication, is approaching practical applications as research progresses [4]. - 6G communication is anticipated to achieve integrated air and space capabilities, with related companies likely to emerge as significant players in the ChiNext market [4]. Group 4 - Tianhong's fund products, such as Tianhong CSI Artificial Intelligence (Class A: 011839, Class C: 011840) and Tianhong CSI Robotics ETF Link (Class A: 014880, Class C: 014881), closely track their respective indices, reflecting the overall performance of companies in the AI and robotics sectors [4].