In a recent interview with Wang Shuai, a senior executive at Taiji Fund, he mentioned that the biggest fundamental clue for investing in technology stocks at the current stage is still AI. With the improvement in computing power deployment structure, a new application ecosystem will be established, and this iterative and ecological improvement process will be full of opportunities. Additionally, he believes that industries meeting four conditions will have a better chance to stand out in competition: limited expansion of supply, possessing certain "resource" attributes, long-term operation, and contributing to national technological security. Wang Shuai believes that the biggest fundamental clue for investing in technology stocks at the current stage is still AI. During the market recovery process before and after the Chinese New Year, AI-related content also performed more strongly; after May, both "cloud side" and "edge side" equity assets gradually gained market recognition worldwide. Compared to the continuous development in the cloud, Wang Shuai leans towards acknowledging expressions like "computing power deployment structure." In the future, computing power deployment should form a hierarchical structure from the cloud to the edge, responding to different needs with faster and more comprehensive high-speed communication network support. With the improvement in computing power deployment structure, the maturity of different level model products, and the establishment of a new application ecosystem, this iterative and ecological improvement process will be full of opportunities. Currently, Wang Shuai believes that industries meeting four conditions will perform better: limited expansion of supply, possessing certain "resource" attributes, long-term operation, and contributing to national technological security. Looking at the present stage, companies of this type have shown relatively ideal performance this year. Taking a large-size panel as an example, in the short term, the supply side of panels is continuously optimizing, with expectations of some capacity exiting or being consolidated within the year. Mainland manufacturers have relatively firm pricing power over TV panels, and the control production logic has been validated for a year and a half. In the long run, the global demand for panels remains stable, maintaining a low-speed annual growth rate; the previous cycle of large-size panel capacity expansion has basically ended. For a considerable period, there is temporarily no disruptive impact of emerging technologies on the industry. Top mainland manufacturers are expected to continue expanding market share and improving pricing power.