Caitong Securities(SH:601108) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-12-30 22:46Core Viewpoint - The article highlights the journey of Caitong Securities Asset Management Co., Ltd. towards high-quality development in the public fund industry, emphasizing its unique broker asset management gene and ten years of public fund experience, focusing on team building, counter-cyclical layout, and win-win with clients [1] Group 1: Business Performance - As of the end of Q3 2025, the company’s total entrusted asset management scale exceeded 300 billion yuan, with public fund management scale surpassing 100 billion yuan and non-monetary public fund management scale exceeding 90 billion yuan, ranking third among broker asset management institutions [1] - The company has maintained a long-term value creation approach and prioritizes the interests of its clients, which is reflected in its investment performance [2] Group 2: Talent Development - The core of the asset management industry is talent, and high-quality development hinges on prioritizing investor interests through systematic construction for long-term value [2] - The company has built a talent team of nearly 40 people in its equity investment team, with an average industry experience of 14 years among core investment personnel, fostering a "mentor-mentee" culture to create a robust talent pipeline [3][4] - The investment team is structured into four departments, focusing on various sectors, and emphasizes macro thinking and forward-looking layouts to capture cross-market opportunities [4] Group 3: Research and Investment Integration - The company emphasizes "deep research" as a key component of its investment philosophy, focusing on vertical industry research, horizontal industry comparisons, and international perspectives [5][6] - A mechanism has been established to promote research-driven investment, with clear departmental roles and standardized processes to enhance efficiency and coverage of industries and stocks [6] Group 4: Cultural Values - The company’s culture is centered on investor interests and long-termism, integrating compliance, integrity, professionalism, and stability into its operations [8] - The company has established a dual-core development strategy of "active management + risk control," viewing risk management as a lifeline [8] - The company has engaged in various social responsibility initiatives, contributing over 9.4 million yuan to public welfare projects by the end of November [8] Group 5: Future Plans - The company plans to reform its assessment mechanisms to align management and client interests, introduce floating fee products, and enhance its overseas investment capabilities following the approval of its QDII qualification [9] - The company aims to deepen its client-centric approach by innovating customer service models and enriching its investor education system [9][10] - The company is committed to a long-term development strategy, focusing on stable performance and clear holding experiences rather than short-term scale chasing [10]