HTSC stated that looking ahead to February, in the Transportation Sector, we recommend three investment focuses: 1) Aviation: After the Spring Festival in 2024, airlines will begin price reductions and promotions; with a low base, ticket price growth is expected to turn positive year-on-year, gradually realizing the logic of the industry's supply and demand improvement, and the industry's medium to long-term profitability has elasticity, with a priority on the Aviation Sector; 2) Oil Transportation: Driven by geopolitical events and combined with seasonal demand rebound after the holiday, we believe there are opportunities for freight rates to keep fluctuating upward, and the Oil Transportation Sector has event-driven trading opportunities; 3) Highways: Under the expectation of revising the "Regulations on the Management of Toll Highways," highway valuations are expected to rise.