Galaxy Securities: Anti-inward policy improves performance by increasing gross profit margin and capacity utilization, boosting the long-term investment value of relevant sectors.

Guohai Securities believes that in the short term, with a series of policies aimed at easing the industry's internal competition intensively introduced, the market's expectations for performance improvement in related sectors have quickly heated up, with a large amount of funds pouring in and trading activity rising rapidly, leading to a significant increase in the valuation of sectors not prone to internal competition. In the medium to long term, anti-internal competition policies will promote performance improvement in related sectors through increasing gross profit margins and capacity utilization rates, and enhance the long-term investment value of these sectors.