BOCIC(SH:601696) Zheng Quan Ri Bao·2025-08-20 16:48Core Viewpoint - The announcement by China Securities indicates a strategic move to enhance the capital strength of its wholly-owned subsidiary, China International Investment, through a capital increase of 1.4 billion yuan, aimed at supporting its private equity investment business and optimizing business layout [1] Group 1: Company Actions - China Securities plans to increase the registered capital of China International Investment to 2 billion yuan, enhancing its capital strength to meet operational needs [1] - As of the end of Q1 this year, China International Investment had total assets of 915 million yuan, with a revenue of 6.21 million yuan and a net profit of 1.38 million yuan for the same period [1] - The recent capital increase aligns with the trend of securities firms increasing investments in private subsidiaries to better serve the real economy [1] Group 2: Industry Trends - The private equity subsidiary sector among securities firms is expanding, with multiple firms actively applying to establish private subsidiaries [2] - Securities firms are transitioning from traditional service providers to comprehensive financial service providers, enhancing their roles in supporting the real economy [2] - In the first half of this year, private equity subsidiaries of securities firms raised over 64 billion yuan in funds, demonstrating their active participation in the market [2] Group 3: Future Directions - The focus of private equity subsidiaries is on supporting technological innovation and industrial transformation, with investments in strategic emerging industries such as healthcare, advanced manufacturing, and new energy [3] - To better conduct private equity business, securities firms should enhance their investment research capabilities and collaborate with local state-owned and industrial capital [3] - The establishment and fundraising of various types of funds, including technology innovation funds and direct investment funds, are encouraged to promote the integration of finance and technology [3]