<p>➀ The manufacturing industry and technology are crucial for China's future development;</p><p>➁ In the manufacturing sector, excess profits are earned through high-margin products;</p><p>➂ In the technology sector, high profits are used to support wafer fabs and photolithography machines;</p><p>➃ How to create a positive feedback loop? For every million-dollar luxury car sold by Huawei, it equals one less luxury car sold in developed countries like Europe and the US, and high-level engineer positions shift from Europe, the US, and Japan to China; Huawei (high-tech) and its high-margin manufacturing sector are the directions for this bull market.</p>
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