


Core Viewpoint - The article emphasizes the importance of financial support for technology-driven enterprises, highlighting the role of CITIC Securities in providing comprehensive financial services throughout the lifecycle of these companies [1] Group 1: Expansion of Technology Financial Supply - CITIC Securities is actively expanding the supply of technology finance through various investment banking services, including equity financing, bond issuance, and asset restructuring [2] - As of June 2024, CITIC Securities completed 33 equity financing deals on the STAR Market, with an underwriting scale of 38.5 billion yuan, ranking first in the market [2] - The company also issued 631 bonds supporting technological innovation, with a total underwriting amount of 241.2 billion yuan, leading the industry [2] - CITIC Securities has made direct equity investments totaling 10.5 billion yuan, further increasing the scale of technology financial supply [2] Group 2: Expansion of Technology Financial Services - The company aims to broaden its financial services to cover a wider range of technology entities, addressing diverse financing needs and breaking down service barriers [3] - CITIC Securities acted as the sole sponsor for Lens Technology's listing on the Hong Kong Stock Exchange, marking a significant milestone for large-scale technology manufacturing enterprises [3] - The firm also supported Ying Shi Innovation in its listing on the STAR Market, providing direct financing for growing technology companies with core technologies [3] - Innovative financial tools, such as credit risk mitigation instruments, have been developed to enhance the financing capabilities of technology enterprises [3] Group 3: Extension of Technology Financial Value Chain - CITIC Securities focuses on extending the technology financial value chain by providing services throughout the entire lifecycle of technology companies, from funding to market expansion [4] - The company has invested in Yu Shu Technology through its equity investment platform, facilitating communication and collaboration with upstream and downstream enterprises [4] - This approach not only supports individual technology companies but also drives overall industry upgrades and innovation [5] Group 4: Technological Empowerment of Technology Finance - The integration of advanced technologies like generative AI and blockchain is seen as a key driver for the development of technology finance [6] - CITIC Securities has developed an "AI+" platform to enhance efficiency and innovation in its technology financial services [6] - By 2025, the company plans to establish a comprehensive AI digital employee system to support various technology finance-related business scenarios [6]