Zhong Guo Zheng Quan Bao·2026-01-16 12:27Core Viewpoint - The article emphasizes the strategic opportunity for the securities industry in China to enhance its capabilities and responsibilities in the context of the ongoing capital market reforms and the guidance from the 20th National Congress of the Communist Party of China [1][2]. Group 1: Company Strategy and Goals - CICC aims to become an internationally leading investment bank, focusing on high-quality development and greater responsibility in serving the real economy and promoting wealth preservation and appreciation for residents [2][12]. - The company believes that being a top-tier investment bank involves more than just scale; it requires comprehensive improvements in functionality, professional capabilities, international vision, risk management, and cultural depth [2][12]. Group 2: Service to the Real Economy - CICC emphasizes its core responsibility to serve the real economy, particularly through supporting technological innovation and the modernization of the industrial system [3]. - The company has facilitated over 3.2 trillion yuan in financing for technology-related projects, including significant IPOs and mergers, demonstrating its commitment to supporting strategic emerging industries [3][4]. Group 3: Wealth Management Transformation - The securities industry is transitioning towards wealth management, with a focus on enhancing investor services and increasing the proportion of equity investments among Chinese residents, which currently stands at about 15% compared to over 50% in the U.S. [6][7]. - CICC has adopted a buyer advisory model in wealth management, achieving over 120 billion yuan in assets under management, and aims to enhance digital capabilities to support residents in wealth growth [8][12]. Group 4: Internationalization and Global Integration - CICC is expanding its international presence, having established branches in major financial centers and focusing on cross-border capital flows, including assisting Chinese companies in overseas listings and bond issuances [10][11]. - The company is also involved in contributing to international financial rules and standards, particularly in sustainable finance, to enhance China's global financial reputation [11][12]. Group 5: Future Outlook - Looking ahead, CICC plans to leverage the guidance from the 20th National Congress to formulate a new strategic plan, aiming for comprehensive upgrades in capabilities and organizational reforms, particularly through mergers and acquisitions [13].