Midea Group demonstrates strong full-industry-chain advantages and global expansion, with consistent strategic execution and stable professional management team. Financial performance is solid with continuously improving profitability and attractive dividend policy. High R&D investment provides foundation for long-term competitiveness. Current valuation is at historically low percentiles, with PE/PB both below industry average, offering medium to long-term allocation value.

China Shenhua has significant cost advantages and full industry chain synergy effects, with sound finances and generous dividends. Management team has clear strategy and strong execution, with targeted R&D investment. Short-term performance under pressure but long-term value is solid. Current valuation is at the upper end of reasonable range, 35-37 yuan is fair value range. High dividend characteristics are suitable for steady investors, but need to be alert to short-term stock price volatility and long-term industry transformation risks.

As a leading domestic AI chip company, Cambricon has leading technical strength in the AI chip field with an increasingly rich product line. Benefiting from the rapid development of the AI industry, the company's revenue shows high-speed growth, but it is still in a loss state with cash flow under pressure. The management team is highly professional with large R&D investment, but faces fierce international competition and technology iteration pressure. Current valuation level is relatively high, suggest paying attention to the company's profit inflection point.

Apple Inc. stands as a global technology giant, maintaining leadership in smartphones, wearables and other fields. Strong brand value and innovative product ecosystem form deep moats. This feature is under development, complete analysis report coming soon. We will provide comprehensive investment reference including financial analysis, technical indicator analysis and risk assessment.

Tesla as the global electric vehicle leader has significant advantages in new energy vehicles, autonomous driving technology and other fields. This feature is under development, complete analysis report coming soon.

Microsoft as a global leading technology company holds important positions in cloud computing, artificial intelligence, office software and other fields. This feature is under development, complete analysis report coming soon.

Tencent as China's leading internet company has strong competitive advantages in social, gaming, cloud computing and other fields. This feature is under development, complete analysis report coming soon.

Alibaba as China's e-commerce giant has leading positions in e-commerce, cloud computing, digital payments and other fields. This feature is under development, complete analysis report coming soon.

Xiaomi as a global leading smartphone and smart hardware manufacturer has strong capabilities in consumer electronics, smart home and other fields. This feature is under development, complete analysis report coming soon.