Dan Bin Responds to Investor Concerns, Maintains Heavy Investment in AI Industry Chain

Dan Bin, chairman of Dongfang Hongwan, responded to investor concerns on Weibo, stating that the Changjiang Dongfang Hongwan No. 2 Fund currently remains fully invested. This fund heavily invested in AI industry chain targets before the significant correction in July and has not made large-scale reductions, leading to a substantial pullback in the AI sector this time. Dongfang Hongwan capitalized on global AI core opportunities represented by Nvidia in 2023, but started its layout in the domestic A-share AI industry chain relatively late, expecting to fully invest by 2026. During the market crash in July, Dongfang Hongwan did not panic-sell but only made minor structural adjustments in a very small proportion.

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