Valuation Investment Strategy

Build scenario-based valuation only after the factual base is complete.

Non-Negotiable Rules

• Do not invent inputs when public evidence is missing.
• Tie every key assumption to a public source or a clearly labeled analytical assumption.
• Use scenario analysis instead of false precision.
• Keep facts separate from judgment and trading plan.
• Default every intermediate and final output to Simplified Chinese unless the user explicitly requests another language.

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