[Dan Bin: Storage sector's current adjustment is nearing a phased bottom, long-term demand logic for the AI industry remains intact] BlockBeats News, July 16 — Renowned investor and Chairman of Eastern Harbor, Dan Bin, commented on the decline in the storage sector, stating that, based purely on market sentiment, the current adjustment in the storage sector is nearing a phased bottom. The continued pullback of China's overseas AI storage leaders has led to a synchronized weakening of A-shares, but the long-term demand logic for the AI industry remains unaffected. After the short-term emotional release, targets with strong performance certainty will gradually recover. Dan Bin further noted that he does not believe there is systemic risk for companies in the AI sector at present; the recent adjustments are simply a normal correction after significant gains. The key lies in whether corporate profit growth can be sustained for several years, which is the most critical factor. Additionally, companies with sustained profit growth and no leverage can navigate through the current phase. Dan Bin also mentioned that all of his personal funds have been invested in the Eastern Harbor Fund for co-investment.