CGS(SH:601881) Zheng Quan Shi Bao·2025-08-10 17:31Core Viewpoint - The article emphasizes the importance of integrating investment and investment banking to meet the diverse financial needs of clients, particularly in the context of supporting technological innovation through financial services [1][2]. Group 1: Investment in Technology - In 2024, Galaxy Securities led an investment in Fiber Transmission Technology, which focuses on silicon photonic neural perception systems, despite being in its early development stage [1]. - Galaxy Securities has facilitated direct financing for technology-related enterprises, with a total issuance scale exceeding 157.5 billion yuan and actual underwriting amount surpassing 21.6 billion yuan since the beginning of 2024 [3]. - The company has acted as an exclusive financial advisor for significant transactions, such as assisting Sairis in a 11.5 billion yuan investment in a Huawei subsidiary, marking the largest asset purchase project in the new energy vehicle sector since 2021 [3]. Group 2: Innovative Financial Products - The launch of the "Technology Board" in the bond market in May 2024 was spearheaded by Galaxy Securities, which served as the lead underwriter for the first private equity technology innovation bond issued by Junlian Capital [3]. - The company has established a fund, the Dazero Bay Innovation Fund, with a scale of 100 million yuan, aimed at supporting hard technology enterprises [4]. Group 3: Project Development and Support - Galaxy Securities has actively engaged in project scouting, having visited over 200 projects in fields such as commercial aerospace and advanced manufacturing, leading to investment decisions in five quality projects [5]. - The company has provided post-investment support by facilitating partnerships for invested companies, such as connecting Noton Technology with automotive manufacturers for CVC fund establishment [7]. Group 4: Future Plans and Strategies - The company plans to enhance its functional positioning by strengthening financial support for national strategic projects and new production capabilities [8]. - Galaxy Securities aims to improve its professional capabilities by developing a diverse financial product and service system tailored to various investor needs [8]. - The company intends to deepen collaboration across its internal structure and enhance its integration with technological advancements, focusing on digitalization and intelligence in its operations [8].