The research report from CITIC Construction Investment suggests adopting a 'barbell structure' for industry allocation in June: On one hand, maintaining investments in high-growth industries such as AI, semiconductors, and export manufacturing; on the other hand, allocating assets with high dividends and stable cash flows to control portfolio volatility. Meanwhile, utilizing themes such as cyclical price increases, new energy recovery, and policy-driven orders as flexible positions. The market's main focus in May was on communication, electronics, and AI hardware chains, indicating that capital is still pricing based on industrial outlook and performance delivery. However, given the significant short-term gains and rising trading congestion in the AI chain, it is not recommended to continue increasing the overall AI position in June. Instead, it is advised to shift from high-gain segments to areas with lagging performance but improving fundamentals, such as semiconductor materials, equipment components, PCB materials, and domestic computing power support.