Group 1 - The core viewpoint is that the high-end equipment motion control sector is experiencing dual opportunities for domestic substitution and emerging application expansion, driven by low localization rates of key components and rapid development in fields like industrial robotics and medical devices, particularly with the empowerment of AI technology [1][2] Group 2 - The development trajectory of Gogo Technology reflects the investment value of the ChiNext Composite Index, which deeply covers strategic emerging industries and captures new economic growth dividends [2] - The ChiNext Index supports high-tech industries aligned with national strategies, focusing on "three innovations" and "four new" integration enterprises, gathering quality companies in fields such as new energy, biomedicine, new generation information technology, and high-end equipment manufacturing [2] - Continuous policy dividends and institutional innovations are expected to enhance long-term development, with the introduction of monthly removal mechanisms for risk warning stocks and ESG negative removal mechanisms by July 2025, optimizing index structure and improving stability and investment value [2]