"The core pricing logic of the technology innovation and digital economy sectors is gradually shifting from liquidity-driven factors toward fundamental recovery and AI-driven innovation." Looking ahead, we believe the core valuation framework for the technology innovation and digital economy sectors is transitioning from liquidity-driven dynamics to a combination of fundamental recovery and artificial intelligence-driven innovation. AI is moving from a thematic narrative phase into a stage of industrial implementation and capability realization. Looking into the second half of 2026, Lizhou thought that continued improvements in model capabilities, declining inference costs, and accelerating maturity of Agent-based applications are expected to drive AI from tool-based assistance toward task execution. This shift is likely to create new growth opportunities across AI infrastructure, cloud computing, enterprise services, hardware devices, and vertical industry applications. #ChinaAMCInsight# #AIInsight# #DigitalEconomy# #TechInsight# Source: China Asset Management Co., Ltd. Risk Disclaimer: Investment involves risk, including possible loss of principal. Any forecasts, projections, or opinions contained herein are for reference only and are not guaranteed to occur. The information in this material reflects prevailing market conditions and our judgment as of the release date, which are subject to change without further notice.

**Deep in the forest, a small humanoid figure with an unnatural form emerges between the trees. The brief sighting is blurry yet deeply disturbing — too real to dismiss as simple illusion. Is this an undiscovered creature, a genuine alien encounter, or the latest viral hoax? One thing is certain: the footage has millions questioning what’s truly hiding in the woods.** #ForestMystery# #AlienSighting# #Cryptid# #UnidentifiedCreature# #AncientMysteries# #RealOrHoax# #ViralTruth#