Hard tech investing —the difficult but right path —requires the resilience to sit on the "cold bench" for extended periods. SincereVC's "Marathon Culture", sustained for over a decade, is evident not just in our persistent Monday runs by the Huangpu River but is deeply rooted in an investment philosophy of delayed gratification. We pursue the profound sense of accomplishment brought by endorphins over the fleeting thrill of dopamine, leveraging long-term fortitude to achieve steady and sound growth.