Zhong Zheng Wang·2025-10-23 12:11Core Viewpoint - The company aims to transform into a leading investment bank by prioritizing quality and leveraging technology in financial services, enhancing its service to the real economy [1][9]. Group 1: Business Transformation - The company is pushing for three major business transformations: from a hunting model to a farming model, emphasizing platform management and professional integration [2][3]. - The transformation involves a long-term commitment to building core capabilities and adapting to market changes, initiated in 2018 with the launch of a modern investment banking transformation [3][4]. Group 2: Three Major Transformations - The first transformation focuses on intelligent acquisition, integrating investment, research, and banking to proactively identify quality enterprises in sectors like TMT, dual carbon, healthcare, and AI [4]. - The second transformation aims at standardizing operations, establishing a comprehensive project management system, and enhancing the quality and efficiency of investment banking processes [5]. - The third transformation emphasizes integrated underwriting, improving collaboration between equity and debt capital markets, and creating a high-quality underwriting system [5]. Group 3: Quality Assurance - The company prioritizes quality by establishing a robust internal control system and adhering to ethical standards, ensuring that all operations meet professional and regulatory requirements [6][8]. - It emphasizes three lines of defense in quality control: business, quality, and internal core, to maintain long-term operational integrity [8]. - The company is committed to digital transformation, enhancing operational efficiency through technology and data analysis [8][9].