Western Securities(SZ:002673) Zhong Guo Zheng Quan Bao·2026-01-09 00:27Core Viewpoint - The article highlights the 25-year journey of Western Securities, emphasizing its growth from a regional broker to a national financial enterprise with over 100 billion in total assets, aligning its development with the reforms in China's capital market [1][2]. Group 1: Company Development - Western Securities was established in 2001 through the integration of several financial institutions, positioning itself to serve the national economy while focusing on the western region [2]. - The company went public in 2012, becoming the 19th listed broker in China, which significantly enhanced its capital strength and governance [2]. - Key capital operations, including the acquisition of Guorong Securities and the establishment of a Hong Kong subsidiary, have outlined a roadmap for rapid development [2]. - As of Q3 2025, Western Securities reported total assets of 110.58 billion, indicating significant growth in scale and brand influence [2]. Group 2: Industry Context - The Chinese capital market has undergone profound changes, including reforms in shareholding structure and registration systems, which have influenced the growth trajectory of Western Securities [3]. - The company aims to fulfill its social responsibility while supporting regional economic development, reflecting a commitment to both growth and community service [3]. Group 3: Financial Services Strategy - Western Securities is building a comprehensive financial service system through business collaboration, cultural integration, and strong governance, emphasizing the importance of party leadership in its operations [6][7]. - The company has structured its operations into five major business segments: wealth credit, proprietary investment, investment banking, asset management, and institutional services, enhancing synergy across these areas [7]. - The firm is committed to a unique financial culture that combines regional characteristics with industry attributes, promoting social responsibility through various initiatives [7]. Group 4: Future Goals - In 2026, Western Securities launched a brand refresh under the theme "Western Bull, Momentum Like Red," signaling its commitment to high-quality development and a strategic focus on becoming a leading investment bank [9]. - The company plans to enhance its service capabilities through professionalization, platformization, regional focus, and digital transformation, aiming to provide comprehensive lifecycle services to enterprises [9][10]. - Western Securities is dedicated to improving its core competitiveness and risk management capabilities while aligning with international standards in the investment banking sector [10][11].