吴清最新发声，完整版来了

Core Viewpoint - The speech by Wu Qing emphasizes the need for the securities industry to enhance its service capabilities, focus on high-quality development, and adapt to the evolving financial landscape while ensuring investor protection and market stability [3][4][9]. Group 1: Industry Development and Responsibilities - The industry must prioritize serving the real economy and optimize business structures to support enterprise and industrial development [3]. - There is a call for the securities industry to enhance its governance effectiveness, prevent shareholder interference, and ensure the removal of unsuitable shareholders [7]. - The industry should focus on high-quality development rather than merely competing on scale and speed [9]. Group 2: Financial Innovation and Technology - The industry is encouraged to embrace financial technology innovations such as AI, big data, and blockchain to reshape the market ecosystem [5]. - Regulatory frameworks will be improved to facilitate innovation while ensuring risk management and monitoring [5]. Group 3: Wealth Management and Investor Relations - Investment banks are urged to enhance their wealth management services and establish a return-focused evaluation system [4]. - There is a need for better alignment of interests between investment banks and investors, promoting long-term investment strategies [4]. Group 4: Market Structure and Differentiation - The industry is witnessing a shift towards differentiated development, with smaller firms encouraged to focus on niche markets and unique client segments [12]. - The importance of reputation management and corporate culture is highlighted, with a focus on ethical practices and long-termism [11]. Group 5: Market Size and Growth - The total assets of 107 securities firms have reached 14.5 trillion yuan, with net assets growing by over 60% in the past four years [10]. - The number of clients served by securities firms has increased to over 240 million, reflecting a 26% growth [10]. Group 6: Institutional Strength and Global Positioning - The industry must cultivate top-tier financial talent and enhance its capabilities in global capital allocation and governance [14]. - There is a call for the securities industry to play a crucial role in China's financial strength and to adapt to international market dynamics [14].