浙商证券：研究事业部正式官宣 转型路径清晰可见

Core Insights - Zhejiang Securities has shown remarkable performance in its research business, ranking among the top ten in brand influence and achieving nearly 10% year-on-year growth in total clients [1] - The company has successfully climbed from 16th to 10th place in the public fund commission income ranking, marking five consecutive years of improvement [1] Group 1: Research Business Development - In 2020, Zhejiang Securities identified research as the top priority in its "Five-Year Enhancement Plan," aiming to accelerate investment research capabilities as a new growth engine [2] - The research institute established a strategic framework called "Six Major Areas and Three New Areas," focusing on sectors such as large assets, finance, consumption, health, manufacturing, and cycles [2] - The research team has expanded significantly, featuring renowned analysts and achieving top rankings in various categories, including "Fastest Growing Institution" and "Most Potential Institution" [2] Group 2: Strategic Upgrades and Innovations - The research institute aims to transition from "quality growth" to "large blue-chip" companies, aspiring to become a nationally recognized diamond research institute [3] - A new wealth management strategy was introduced, integrating research with wealth management to enhance service offerings [3] - The establishment of the Industry Research Institute and the "Specialized, Refined, New" research group reflects a commitment to exploring technological breakthroughs and business model transformations [3] Group 3: Comprehensive Reform of Research Business - In 2024, Zhejiang Securities initiated a comprehensive reform of its research business to align with its vision of becoming a mid-to-large scale brokerage [4] - The research division will focus on four core functions: sell-side research, industry think tank, institutional sales, and research advisory [4] Group 4: Targeted Directions for Research Business - The company aims to build an industry think tank by upgrading expert services and integrating high-end industry expert resources [5] - The "Research + Wealth" model will be further explored to enhance product configuration and maintain a wealth ecosystem [6] - The research division will provide customized research support and comprehensive financial service solutions to top-tier institutional investors and government clients [6]