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According to the research report of CITIC Securities, on December 9, 2024, the General Administration of Market Supervision launched an investigation on NVIDIA Company in accordance with the law, which is a legal management means to regulate and maintain fair market competition order, and has a leading role in the domestic chip industry, and is expected to boost domestic computing power and market sentiment of chips in a short time. In combination with the increasing emphasis on self-control by relevant domestic departments and industry associations, we expect that the overall localization pace of domestic semiconductor industry is expected to be further accelerated, and the manufacturing link is also expected to benefit.In terms of industry funds, as of the close of noon, the net inflow of food and beverage, commercial department stores, etc. ranked high, of which the net inflow of food and beverage was 814.2 million yuan.ⅴ) Institutional viewpoint

Personal re-offer is for reference only...... 1) NVIDIA was investigated by antitrust, and the main line of domestic chips was clear...... 1) NVIDIA was investigated by antitrust, and the main line of domestic chips was clear.

I) market review