国联民生葛小波：做“全生命周期合伙人” 与科创企业共生共长共荣

Core Viewpoint - The capital market plays a crucial role in enhancing the financing efficiency of technology innovation enterprises, promoting regional economic collaboration, and necessitating securities firms to deeply integrate into industry chains and regional innovation ecosystems [2][3]. Group 1: Securities Firms' Role - Securities firms are required to evolve from being mere financing channels to becoming "full lifecycle partners" for technology innovation, reshaping their valuation systems and embedding themselves within industry chains and regional innovation ecosystems [3][4]. - The services provided by securities firms must address various financing needs at different stages of enterprise development, including efficient, convenient, and low-cost financing strategies [2][4]. - Strategic partnerships through equity ties and mergers and acquisitions are essential for technology enterprises to achieve scale expansion and industry chain integration [2][4]. Group 2: Focus Areas for Development - The company will focus on emerging sectors to support the growth of technology innovation enterprises, emphasizing mergers and acquisitions and industry chain integration [4]. - There will be an enhancement of comprehensive service capabilities throughout the entire lifecycle of clients, with customized solutions that integrate investment banking value into critical business development stages [4][6]. - The company aims to deepen regional collaboration by leveraging the industrial strengths of Wuxi and the financial resources of Shanghai, improving the collaborative service system in the Yangtze River Delta region [4]. Group 3: Support for Unprofitable Enterprises - The company recognizes the potential of unprofitable enterprises with solid "hard technology" foundations and verifiable "growth curves," viewing support for these firms as a new opportunity for value discovery [5][6]. - A dedicated team of industry experts will be constructed to accurately identify enterprises with genuine growth potential, requiring knowledge in law, finance, and industry-specific strategies [6]. - Comprehensive financial services will be enhanced to provide integrated support for unprofitable enterprises, ensuring compliance and risk management throughout the project lifecycle [6].