Reflections on the Power Grid

Since the robot market that started in 2024, institutional-led trend leaders have been consistently strong throughout. In early 2025, robots took the spotlight from DeepSeek and then moved on to Zhongda and Xiangyang, marking a nearly four-month-long rally. This rally was driven not only by institutional funds but also by short-term trading waves, creating an explosive profit-making effect.
In June 2025, the innovative drug cycle began, with major trend leaders like Shushen and WuXi emerging through joint efforts of institutions and short-term traders. The cycle lasted over three months, with continuous recognition of various stocks such as Angli K, Saili, and Guangsheng. Many other stocks also experienced successive rebounds, with gains coming one after another.
Everyone should develop the ability to summarize market patterns periodically.
This round of the power grid and computing collaboration involves not only short-term funds but also institutional dominance. It includes core short-term stocks like Hanlan, Yune, and Shunna, as well as large players like Dongdian, Xidian, Guodian, and Siyuan, representing a major trend. The core stocks led by institutions are similar to previous large cycles in robotics and innovative medicine. It encompasses upstream power grid infrastructure and the implementation of power market reforms.
Therefore, as of March 2026, we can confidently say: this is a major power grid cycle.