The CICC research report highlights that the market has recently demonstrated pronounced structural features, with growth sectors emerging as the focal points of activity. Following the conclusion of August, the A-share market transitioned into a period of consolidation and volatility, triggered by preceding spikes in trading volumes and concentrated trading activities. Nevertheless, structural bright spots have persisted. The robust overseas demand for AI computing capabilities continues to receive validation, while China's objectives for energy transition remain unequivocal. Within the global industrial chain, as a significant manufacturing powerhouse, China's engagement in the technological revolution and its drive to facilitate manufacturing upgrades are poised to become a medium- to long-term trend, thereby fostering structural opportunities within the stock market.