Group 1 - The investment philosophy emphasizes buying high-quality growth assets at reasonable prices, aiming for moderate risk and above-average returns [1] - As of September 30, the managed fund has achieved a one-year return of 38.14% and a two-year return of 46.75% [1] Group 2 - The market environment has improved, leading to a revaluation of assets as macroeconomic fundamentals become more optimistic [2] - A steady improvement in the fundamentals of A-share listed companies, along with supportive industrial policies, is expected to enhance operational stability and sustainability [2] Group 3 - Growth assets, particularly in sectors like AI, innovative pharmaceuticals, new consumption, and new energy, are anticipated to perform well [3] - Traditional industries that have reached cyclical lows may benefit from policies aimed at optimizing supply, potentially leading to new upward trends [3] - The demand for robots, as an application of AI, is expected to significantly impact manufacturing and related sectors, while solid-state batteries represent a crucial development in the lithium battery industry [3]