SWHY(SZ:000166) 申万宏源研究·2025-11-20 10:15Core Viewpoints - The conference themed "Riding the Momentum" focused on the new elements, new systems, and new services in China's economy and capital markets, emphasizing the importance of the 14th Five-Year Plan for investment opportunities [4][5]. Group 1: Economic and Market Insights - The new element system is expected to activate new growth engines, with the 14th Five-Year Plan highlighting the significance of technological innovation and breakthroughs [5]. - The new institutional framework is reshaping the capital market landscape, with an emphasis on the combination of effective markets and proactive government roles, enhancing the capital market's position within the financial system [5]. - The new service system aims to create new investment tools, with Shenyuan Hongyuan accelerating organizational and business reforms to provide innovative products and services that meet the needs of enterprises and investors [5]. Group 2: Conference Structure and Participation - The conference included one main forum and twelve sub-forums covering various fields such as asset allocation, high-end manufacturing, artificial intelligence, consumption, and cycles, facilitating collaboration among business lines [7]. - Over 50 political figures, experts, and executives from more than 500 listed companies participated, resulting in over 800 offline exchanges with approximately 2,000 investors to discuss economic dynamics and market trends [7]. - The research institute provided in-depth interpretations of the 2026 economic and capital market trends, proposing core viewpoints such as "seeking dividends from reform," "two-phase market rally," and "finding opportunities amid fluctuations" [7]. Group 3: Technological Innovations and Strategic Initiatives - The launch of the "Shenxiang Custody Operation Service Platform" marked a significant upgrade in Shenyuan Hongyuan's custody operation business, driven by technological innovation [9]. - The AI industry development session gathered over 200 representatives from leading AI companies and investment institutions, aiming to help enterprises seize opportunities in the new round of global technological competition [9]. - As a central enterprise securities firm, Shenyuan Hongyuan is committed to serving national strategies and enhancing its comprehensive financial service system, which integrates research, investment, and investment banking [9].