CITIC Securities: Continues to be optimistic about the stability and sustainability of banks, focusing on two main themes.

Sinotrust Securities released a research report stating that after the implementation of "equal tariffs," they continue to strongly recommend the banking sector stocks, and remain optimistic about the stability and sustainability of the banking industry. There are two main investment strategies for banking stocks: first, to invest in regional advantageous city commercial banks with strong certainty, such as those in Jiangsu, Shanghai, Chengdu-Chongqing, Shandong, and Fujian. Second, the logic of high dividend yield and stability, with a focus on large banks and joint-stock banks.