The official inauguration of the Sci-Tech Innovation Growth Layer fortifies the institutional foundation for the strategy of technological self-sufficiency and advancement, bolstering the investment banking operations of securities firms. China Galaxy Securities underscores that the nation's policies aimed at fostering stable growth and a resilient stock market remain in place, alongside a persistent loose liquidity environment and an optimized capital market landscape. This confluence of factors, coupled with the resurgence of investor confidence, collectively propels the securities sector towards greater prosperity. The expansion of medium- and long-term funds further amplifies the anticipation of fundamental improvements within the industry, signifying that the present moment is opportune for sector allocations.