I saw an interesting point today, and it makes a lot of sense. Whether it's investing or filling out college applications, you can use the Spring Festival Gala as a reference. The method is to go through the Spring Festival Gala programs of the past few decades and see which brands have a high screen time and who the sponsors are. Whoever appears on screen for the first time is definitely in their nascent stage. Those who appear continuously for many years are in a period of rapid development. Those who have appeared continuously for many years and suddenly stop appearing on screen indicate that the industry is declining, it's sunset...