CCTV News: In recent years, my country's A-share listed companies have continued to increase their R&D investment and have made a series of breakthroughs. Many listed companies said they will continue to adhere to independent research and development, improve technological innovation and product competitiveness, and resist external risks.

In the context of fluctuations in the global trade environment, technological innovation and product competitiveness are important means to resist external risks. Some listed companies said that their unique semiconductor laser light sources have been continuously promoting the process of domestic device production and breakthroughs in upstream devices, creating core devices in the laser industry. Some CNC machinery companies said that the company has long insisted on independent research and development of key functional components, and has effectively avoided the risks of core component technology boredom through localization and localization of supply chains.

Some companies also stated that due to their own technological and price advantages, the competitiveness of the company's products will be more obvious under the influence of tariff policies, which will be conducive to the marketing of the company's products and strive for the domestic market that was originally monopolized by American products.

Chief Analyst of China Galaxy Securities Strategy Yang Chao: Thanks to the long-term increase in R&D investment in A-share listed companies and insist on independent research and development, they have achieved a gradual break of technology monopoly in key areas. This has not only reduced our dependence on overseas technologies, but also responded to external risks with independent and controllable innovation capabilities and built the confidence to deal with international tariff barriers. The global competitiveness built by A-share companies with innovation-driven development will continue to accelerate their competition for voice in more new quality productivity tracks, and are expected to reshape the global science and technology industry structure in the long run.