Institutional research shows strong interest in Rehoto Technology

How does the change in AI investment logic reflect a preference for new quality productive forces?

Since the beginning of this year, institutional research enthusiasm has increased, with over a thousand listed companies visited by securities firms, public funds, private equity funds, and other institutions in the first quarter, mainly focusing on industries such as industrial machinery, storage chips, specialty chemicals, and electronic equipment.

Institutional research can also be seen as a way to scout and explore; before investing real money, it’s about seeing how the company really performs, which is a cautious consideration of investment value. The industries and companies targeted in research not only reflect shifts in capital preferences but also mirror the current trends in economic transformation and upgrading.

The change in investment logic makes the narrative around technology clearer. A few years ago, some institutions liked to chase hot topics, investing in whatever was trending. Now, institutions are increasingly concerned with whether an industry has genuine technology, whether a company has solid products, and whether it can solve the “whether it exists” and “how good it is” problems at critical points. Industrial machinery is the backbone of modern industry; high-end manufacturing cannot do without it. Storage chips are the foundation of the digital world; servers and cloud computing rely on them. Specialty chemicals are key to new materials; many “bottleneck” issues are rooted here. Electronic devices connect all aspects of the digital economy… These fields have high technical barriers and are difficult to replace; once breakthroughs occur, they can form long-term competitive advantages. Institutions are willing to advocate for these sectors because they see their “scientific content” and the enormous potential contained within new quality productive forces.

The change in investment cognition is not just about optimism but also about understanding. Since this year, many listed companies have been “breaking through barriers,” with over 100 visits in a month, averaging three or four institutional visits per day. Their common feature is that they may not be the largest or most famous, but they often possess real technology, genuine moat, and real market space in a niche area—far from being companies inflated by hype driven by market trends. In the eyes of institutions, these companies are not only worth attention but also must be understood. Only by truly grasping their technological barriers and growth logic can investors better seize opportunities, stay committed during their growth journey, and achieve long-term success.

The willingness of institutions to queue up for “niche” companies indicates a shift in investment preferences. The development and growth of new quality productive forces are key drivers. In recent years, various regions across the country have placed greater strategic emphasis on developing new quality productive forces, creating an unprecedented environment through financial support, talent incentives, tax benefits, and market access policies. A number of companies have moved from “following” in technology to “running alongside” and even “leading,” with technological breakthroughs emerging in batches and industrialization capabilities significantly improving. This has made capital see tangible monetization possibilities, shifting investment from the present to the future, from scale to potential, and fostering a stronger focus on hard technology and genuine innovation.

Capital gathering around new quality productive forces also helps accelerate industrial transformation. Whether an industry can develop and upgrade depends not only on a few companies working alone but also on a complete industrial chain, innovation chain, and capital chain supporting each other. Capital participation is precisely the key to connecting these links. Institutional investors lead the way by profiling and valuing companies dedicated to technology and solid product development, which in turn promotes resource optimization. When good companies are recognized, studied, and properly priced, they attract more resources, helping new quality productive forces take root and flourish.

Of course, research enthusiasm does not necessarily translate into immediate investment. Being examined by investors does not mean they will quickly put money in. Whether these companies can truly shoulder the responsibility of breaking through technological bottlenecks and leading industrial upgrades still requires time to verify. What is encouraging is that capital and real enterprises are forming a new tacit understanding. When companies can stay committed to their long-term goals, capital can be patient, and policies continue to provide targeted support, all parties working together will accelerate the growth of new quality productive forces into a powerful engine driving high-quality economic development. (Source: Economic Daily, Author: Li Hualin)