Core Viewpoint - The chairman of CITIC Construction Investment, Liu Cheng, emphasized that "value investment banking" is fundamental for the development of securities institutions and is the basis for building a first-class investment bank [1] Group 1: Value Creation - The integration of functionality and profitability is essential, aiming to create value for shareholders, employees, and society [1] - Business operations should fully incorporate social value demands into market value demands, shifting from a mindset of "transaction and competition" to "coexistence and co-creation" [1] Group 2: Stakeholder Engagement - Stakeholders should be viewed as partners in value creation rather than costs to be managed or risks to be avoided [1] - Optimizing resource allocation can enhance comprehensive social value [1]

Core Viewpoint - The conference held by CITIC Securities marks a significant collaboration between the Saudi Stock Exchange and domestic brokerages, focusing on investment opportunities and the theme of "Innovation and Quality for the Future" [1] Group 1: Value Investment Banking - The concept of "Value Investment Banking" is fundamental for the development of securities institutions, aiming to unify functionality and profitability while creating sustainable returns for shareholders [2] - In the first half of 2025, the securities industry achieved a total operating income of 251.036 billion yuan, a year-on-year increase of 23.47%, and a net profit of 112.280 billion yuan, up 40.37% [2] - 85% of 128 companies reported profits, highlighting the importance of professional service capabilities reflected in commercial returns [2] Group 2: New Quality Investment Banking - "New Quality Investment Banking" represents the evolutionary path for securities institutions, emphasizing the need for innovation to align with national strategies [3] - The focus is on embedding investment banking services within the national innovation system, enhancing the role of financial institutions in driving high-quality development [3] - The transition from traditional service models to proactive, partnership-oriented services is essential for long-term capital collaboration with enterprises [3] Group 3: Digital Investment Banking - The emergence of the digital era necessitates the development of "Digital Investment Banking," with a focus on customer needs and digital transformation drivers [4] - CITIC Securities is integrating customer service and business data across various lines to create a unified, shareable customer data foundation [5] - The implementation of algorithms and AI technologies is aimed at enhancing business efficiency and decision-making accuracy [5]

中信建投董事长刘成11月11日在"2026年资本市场峰会暨中国-沙特投资合作论坛"上表示，"价值投 行"是证券机构发展的根本遵循，是建设一流投行的基础。要把功能性和盈利性统一起来，把为股东创 造价值，为员工创造价值和为社会创造价值统一起来。他表示，企业经营要把社会价值需求全面融入市 场价值需求，要从"交易与博弈"思维，转向"共生与共创"思维；将利益相关者视为价值创造的伙伴，而 非需要管理的成本或需要规避的风险，通过资源配置的优化实现全方位社会价值的提升。（第一财经） ...

转自：新华财经 近期，在了解到某集团在存量资产盘活方面有融资需求后，工商银行柳州分行通过横向并购方式，与兄 弟行组建并购贷款银团，及时成立"攻坚专班"，同步推进业务尽调、报告撰写、数据核查等工作快速落 实，最终仅用3天时间就完成了该笔业务的上报、审批、放款，成功为企业发放并购贷款4.36亿元，为 企业压降存量负债、盘活存量资产提供了有力的资金支持，同时也为市场注入流动性，稳定市场预期。 今年以来，工商银行柳州分行坚守服务实体经济初心使命，围绕金融"五篇大文章"和总行"价值投行"高 质量发展目标，加大金融服务创新，立足企业全生命周期金融需求，将投行业务功能性及差异化的优势 贯穿金融服务的全过程，拓宽企业融资渠道，着力构建与实体经济需求相匹配的投行特色服务体系，为 实体经济高质量发展和金融强国建设贡献更大力量。 工商银行柳州分行积极对接企业需求，为企业提供适配的投行产品和服务。工商银行柳州分行紧跟市场 动向，组建专家团队，积极走访辖内目标客户，摸排了解企业存量资产盘活、股票增值回购、基金投资 标的撮合等方面需求，并根据企业不同需求做好投行产品整合，提供多级融资组合方案，满足其股权和 债权融资多元化需求。对于有财务 ...