Cinda Securities research report pointed out that Apple's release of Apple Intelligence shows a complete AI layout, combining "device-side model + private cloud computing + third-party large model", demonstrating its strong strength and foresight as an industry innovator. Firstly, through cooperation with third parties, Apple's terminal AI strength can maintain its industry-leading level; secondly, the introduction of private cloud computing is expected to guide the industry in addressing privacy issues related to AI applications and accelerating the development of AI terminals; finally, with the strong promotion capability of Apple's iOS system and the relatively affluent consumer base, Apple is expected to witness a wave of phone upgrades and investors should pay attention to high-quality stocks in the industry chain. The following individual stocks can be focused on: 1) structural components such as Foxconn Industrial Internet and Lens Technology; 2) equipment such as Han's Laser Technology Industry Group; 3) PCB such as Avary Holding; 4) assembly such as Luxshare Precision Industry.