Since September 24th of last year, propelled by the swift advancements in artificial intelligence, the A-share market has witnessed a bullish trend in tech stocks. This year, the market landscape has been characterized by a structural bull market, where 'small- and mid-cap tech stocks' have experienced remarkable surges, contrasting sharply with the continued downturn of 'old economy stocks'. Lin Yuan, who had previously adopted a cautious approach towards tech stocks, has now dipped his toes into this sector, albeit with a sense of apprehension. Lin Yuan emphasized that he has consistently adhered to his investment philosophy, refraining from actively investing in sectors where the financial calculations remain ambiguous. Despite this, he maintains a positive outlook on the future trajectory of tech stocks, convinced that technology will invariably shape the path forward. However, he also issues a word of caution, noting that the enthusiasm surrounding the tech sector does not automatically guarantee profitable investments.