[Seize the "batting opportunity" in the market shock. Private placement and self-purchase during the year amounted to nearly 1.6 billion yuan] October 19th. Against the backdrop of intensified market shocks, private placement and self-purchase continued. Statistics from the Private Equity Ranking Network show that as of October 18, more than 30 private equity firms had announced self-purchase during the year, with a total self-purchase amount of nearly 1.6 billion yuan. Among them, the total self-purchase amount of tens of billions of private placements exceeded 1 billion yuan, becoming the "main force" of private placements and self-purchases this year. According to many leading private equity firms, factors such as rising expectations for a rate hike by the Federal Reserve and continued rise in U.S. bond yields will exert some pressure on market sentiment in the short term. However, industrial development trends and corporate growth signals are still important supports for the continued interpretation of structural trends in the capital market, and short-term market fluctuations have also created "batting opportunities." Next, high-quality targets in the AI ​​industry that continue to deliver on their performance and manufacturing leaders with global competitiveness deserve attention.