锻造科技金融新生态！开源证券深入“田间地头”挖掘需求

Core Viewpoint - The article emphasizes the role of the securities industry in supporting national strategies and deepening financial supply-side reforms, particularly through innovative services for small and medium-sized enterprises (SMEs) [1]. Group 1: Company Overview - Kaiyuan Securities is recognized as one of the earliest brokers to establish a distinctive business in the Beijing Stock Exchange and New Third Board, focusing on providing comprehensive support for SMEs [2]. - The company has developed a deep understanding of the development patterns and pain points of SMEs through long-term engagement and support [2]. Group 2: Service Strategy - To address the financing challenges faced by SMEs, Kaiyuan Securities has created a unique service model that allows it to "overtake" competitors by leveraging its understanding of market needs and national strategic directions [3]. - The firm aims to build a clear growth path for SMEs by establishing a connectivity mechanism between the Beijing Stock Exchange, New Third Board, and regional equity markets [3]. Group 3: Performance Metrics - From 2018 to 2024, Kaiyuan Securities has ranked first in the industry for the number of new recommended listing companies for seven consecutive years, achieving a market share of approximately 7% in the first half of 2025 [4]. Group 4: Ecosystem Development - The company has built a comprehensive service ecosystem focused on technology enterprises, emphasizing collaboration across investment banking, research, and industry sectors to provide lifecycle support [5]. - As of June 2025, Kaiyuan Securities has successfully sponsored 14 companies to list on the Beijing Stock Exchange, with 85.71% being high-tech enterprises and over 90% classified as "specialized, refined, distinctive, and innovative" [5]. Group 5: Investment Focus - Kaiyuan Securities has invested in 239 enterprises categorized as "specialized, refined, distinctive, and innovative," with a focus on hard technology sectors such as semiconductors and new energy [6]. - The company manages a fund of 4.569 billion yuan, targeting emerging industries like smart hardware and new materials [6]. Group 6: Regional Innovation Strategy - Leveraging its geographical advantages in Shaanxi, Kaiyuan Securities focuses on the transformation of technological achievements and has invested in 87 enterprises in cutting-edge fields [7]. - The firm has established strategic partnerships with local institutions to enhance its service capabilities and has initiated a 5 billion yuan merger and acquisition fund to support strategic emerging industries in the region [7].