Drawing on the mid-year reports of publicly offered funds, industry insiders have observed a notable shift in market sentiment. The focus is transitioning from valuation appreciation to the identification of genuine growth opportunities. This shift has spurred fund managers to recalibrate their operational strategies, moving away from merely 'betting on the right direction' to actively 'realizing growth'. To navigate this transformation successfully, fund managers must not only demonstrate acute judgment in discerning industry trends but also engage in ongoing evaluations to determine whether companies can effectively convert these trends into tangible orders, profits, and cash flows. Simultaneously, they must ensure the establishment of a robust safety margin between the growth potential of investments and their purchase prices, adhering to prudent financial practices.