In recent discussions about the future of investment, particularly in the ever-evolving landscape of artificial intelligence (AI), a prominent voice has emerged: Yan Siqian from Penghua Fund. With a keen eye on market trends, she elucidates her perspective on the rising significance of technology stocks within the burgeoning AI era. Naming robots as the most promising sector, she notes that this field encompasses a staggering trillion-dollar potential. Currently, the industry is at the cusp of transformation from concept to reality, particularly for China, which stands at a pivotal juncture to seize global leadership in this domain.

As the technological revolution accelerates, AI undeniably serves as the vanguard of change. The developments in AI technology open unprecedented avenues for the Chinese tech industry. At the forefront of this innovation is DeepSeek, a standout player likened to a brilliant star illuminating new directions in global AI advancement.

DeepSeek has achieved a remarkable breakthrough in democratizing computing power. Traditionally, the uneven distribution of computational resources has hampered the progress of numerous regions and enterprises in the AI sector. Many small businesses and research institutions struggled to engage in complex AI research and application development due to inadequate power support. The emergence of DeepSeek has dismantled these barriers. Through its pioneering algorithms and efficient computing architecture, DeepSeek enables users worldwide to access robust computational resources at comparatively lower costs. Whether it’s a tech giant situated in a bustling metropolis or a startup in a remote area, both can leverage DeepSeek's capabilities to propel their AI projects, driving innovation and breakthroughs. This democratization of computational power fosters global collaboration and communication in AI technology, setting the stage for a resonant effect that collectively hastens the arrival of the AI + era.

The ushering in of the AI + era signifies a comprehensive and multi-faceted transformation. AI technology now permeates various devices and products, from cloud computing to edge devices. In the cloud, powerful AI algorithms and models analyze and process vast data streams in real time, offering businesses precise decision-making support and personalized services. On the edge, AI enhances devices such as glasses and smartphones with sophisticated interactive capabilities. For instance, smart glasses utilize AI to provide real-time translation, navigation, and health monitoring—immensely enriching user experience. Similarly, smartphones have harnessed AI to elevate their photography and voice assistant functionalities.

The applications of AI technology are expanding remarkably, bridging the gap between business and consumer (B2B and B2C) sectors. In the B2B arena, AI has become a vital tool for enterprises seeking to enhance competitiveness. For instance, in manufacturing, AI streamlines processes, leading to automation and intelligent enhancements that boost productivity and quality. In healthcare, AI assists doctors in diagnostics and treatment planning, thereby elevating medical standards and patient recovery rates. Moreover, in the field of autonomous driving, AI acts as a pivotal force, making transportation safer and more convenient. Meanwhile, in the consumer segment, AI technology integrates seamlessly into daily life. Smart home systems utilize AI for intelligent control of devices, contributing to greater comfort and convenience, while wearables monitor health in real time, providing personalized wellness recommendations.

The widespread implementation of AI has also precipitated innovations in business models. From high-tech corporations to local shops, numerous businesses are now connecting to DeepSeek to elevate their product and service quality through AI. Tech giants have leveraged their substantial financial and technological capabilities to invest heavily in AI research and development, yielding innovative products and services. Meanwhile, small businesses have not been left behind; by adopting DeepSeek’s AI solutions, they have successfully implemented intelligent management and personalized marketing strategies, thus enhancing their competitiveness and profitability.

Throughout the evolution of AI application, it has become increasingly clear that the ultimate vessel for AI deployment is humanity itself. The advancement of AI technology strives not just for enhanced efficiency and quality of life but also aims to better serve human needs. Looking ahead, the most significant transformations are expected to arise from the coexistence of humans and robots. Projections suggest that 2025 may herald a new era for robotics, showcasing the sector's vast development potential, driven both by technological progression and commercial exploitation.

The outlook for the future of robotics in China appears bright. Historically, the nation has excelled in hardware manufacturing within the robotics domain, albeit with relative weaknesses in software. However, with the rapid advancements in AI technology, Chinese software capabilities have significantly progressed. Today, both software and hardware are advancing hand in hand, fortifying China’s technological ecosystem and setting a robust foundation for the growth of its robotics industry. Chinese tech firms and research institutions have made impressive strides in AI development and application, promising strong technological support for the country's robotics sector. Furthermore, China’s vast market demand and comprehensive industrial chain provide an expansive canvas for the robotics industry’s growth.

Looking further into the future, China’s robotics sector is poised to take on a significant role in the global marketplace. The country's robotics enterprises are bound to innovate continuously, introducing more intelligent and personalized robotic products to cater to varied user needs. Simultaneously, the robotics industry in China will strengthen cooperation and exchange with international markets to learn from advanced global technologies and experiences to enhance their competitiveness. With AI technology propelling its advancement, the prospects for the Chinese robotics field seem increasingly promising, poised to make substantial contributions toward societal progress and development.

In addition to these insights, Yan Siqian also highlights that the medium to long-term economic cycle is touching bottom, indicating new momentum for the market, shaped by a core spirit that may reflect the essence of a renewed national destiny:

1) From the initial reforms to China's manufacturing renaissance to the current intrinsic spirit of transformation (from the ordinary to the extraordinary), figures like Feng Ji, the producer of "Black Myth: Wukong," Jiaozu, the director of "Nezha," Liang Wenfeng, founder of DeepSeek, Wang Xingxing from Yushu Technology, and Olympic champion Pan Zhanle, all embody this spirit that bridges the ordinary with the extraordinary. High-quality development and technological innovation will unlock new spaces for next-era growth.

2) A Deutsche Bank report on China's market competitiveness portrays a narrative where various industries showcase excellence through cost-performance ratios, positioning China favorably on the global stage. With growing foreign confidence in China, the discount on Chinese assets may fade.

3) The gradual resolution of upstream supply challenges, particularly in long-growth sectors like renewable energy, indicates sustainable value for leading companies with long-term investments.

4) While there may be short-term uncertainties regarding macro policies and economic fundamentals, the cyclical nature of economic assets and consumer sectors suggests a need for careful selection, as policy impacts and short-term stock price volatility may introduce unpredictability. From a research standpoint, patient capital remains focused on the tangible development within industries and broader long-term trends.