Jing Ji Guan Cha Wang·2025-10-13 08:10Core Insights - The successful switch of the centralized trading system marks a significant milestone in the integration of Guolian Minsheng Securities and Minsheng Securities, allowing seamless access for 1.92 million brokerage clients to the new UF 2.0 trading system [1] - The project involved the integration of 23 heterogeneous systems, covering 74 branches, 69 trading seats, and 18 custodial banks, highlighting the complexity and high standards of the operation [2] Group 1: Project Execution - The switch was executed during a long non-trading period to minimize client impact and ensure business continuity, with only two available windows each year [2] - The project was supported by regulatory guidance throughout the entire process, ensuring effective communication with various regulatory bodies [2] - The company established a dedicated leadership team for the project, emphasizing its importance and ensuring efficient resource allocation [3] Group 2: Preparation and Support - Comprehensive preparations began in February, with project personnel working for seven months to meet the launch requirements before the National Day holiday [3] - A dynamic risk monitoring mechanism was established to oversee risks and public sentiment during the integration process [3] - The company allocated significant financial resources, including 500 million yuan from Guolian Minsheng Securities and 200 million yuan from Minsheng Securities, to address potential settlement risks during the initial phase [3] Group 3: Team Effort and Industry Impact - A project team of nearly 200 individuals worked tirelessly during the National Day holiday, demonstrating a strong sense of responsibility and commitment [4] - The successful switch sets a benchmark in the industry, providing a complete solution and practical blueprint for other firms amid the ongoing wave of mergers and acquisitions in the securities sector [5] - The company aims to leverage this success to enhance its technological framework and deepen business integration, contributing to the high-quality development of the capital market [5]