HAITONG SEC's Research Reports suggest that the market has recently experienced volatility and consolidation, leading to an increase in discussions about dividend Assets. After a period of adjustments, where do dividend Assets currently stand, and what is their cost-effectiveness? HAITONG SEC believes that dividend Assets have underperformed recently, primarily due to improved market risk appetite driven by macroeconomic policies and changes in the structure of incremental funds. Currently, the valuation and trading enthusiasm in the dividend Sector are overall not high. Looking at the representative Index, the valuation of the dividend Sector is at a historical low, while trading enthusiasm is at a median level. In terms of representative Industries, most within the dividend Sector are at a historically low to medium level of enthusiasm; regarding valuation Indicators, most dividend Industries, excluding Coal, are at low relative valuation levels.