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Ⅲ) Individual stock analysisⅢ) Individual stock analysisPersonal re-offer is for reference only.

Record of resumption of trading on 12.9: The index went up and down, which seemed a bit disappointing. Why?Guosheng Securities Research Report believes that overall, the policy in the past two months has continued to focus on steady growth, steady confidence and stable real estate, with seven specific focuses. In the short term, the Politburo meeting and the Central Economic Work Conference will be held in turn in the near future, which will generally determine the policy tone and overall deployment next year. The research report predicts that in 2025, the overall policy tone will be more expanded, more active, more powerful and dry, and it should continue to "guarantee 5%" and may add "promoting price recovery"; The key to expanding domestic demand is the central government's efforts to increase leverage. We will continue to promote the stability of "property market and stock market", and there may be new expressions on "external environment, economic situation, fiscal expansion, consumption, storage and storage, infrastructure expansion and population".Ⅳ) Industrial capital flow

..... 2) Actively prepare for the New Year's rebound...... 2) Actively prepare for the New Year's rebound...... 2) Actively prepare for the New Year's rebound.