Core Viewpoint - The 2026 Investment Strategy Conference held by Guosen Securities focused on "New Momentum, New Landscape," addressing key topics such as China's 14th Five-Year Plan, Sino-U.S. technology and industry competition, wealth management, and investment strategies, attracting over 2,000 attendees and 6,000 total participations across various forums [1][2]. Group 1: Conference Overview - The conference featured prominent speakers including Guosen Securities President Deng Ge and Chief Marketing Officer Yuan Chao, along with experts from various academic and research institutions [2]. - The event included a main forum and seven sub-forums, facilitating over 300 meetings between listed companies and investors [1]. Group 2: Guosen Securities' Strategic Focus - Guosen Securities aims to enhance its research capabilities, focusing on a comprehensive research system covering macro, industry, and company analysis to support investors [4]. - The company is committed to providing top-tier investment banking services, offering a full cycle of financial services from IPOs to mergers and acquisitions [4]. - Guosen Securities is expanding its wealth management transformation, leveraging AI technology to provide personalized asset allocation solutions [5]. - The firm is actively developing cross-border business opportunities to support domestic companies in international markets [5]. - Enhancements in compliance and risk management are prioritized to ensure investor safety [6]. Group 3: Economic Insights and Future Outlook - Expert speeches highlighted the need for policy support to sustain economic recovery and balance consumption and investment for high-quality growth during the 14th Five-Year Plan [7]. - The Chief Economist of Guosen Securities, Xun Yugen, discussed the challenges of transitioning from old to new economic drivers, emphasizing the role of AI and smart manufacturing in future growth [8]. - The conference's sub-forums provided in-depth analysis of investment opportunities and risks in various sectors, including A-shares, Hong Kong stocks, and public funds, offering timely research references for investors [8].

Core Insights - The Guosen Securities 2026 Investment Strategy Conference was successfully held in Shenzhen, focusing on themes such as the "14th Five-Year Plan," Sino-U.S. technology and industry competition, wealth management, and new consumption trends, attracting over 2,000 attendees and 6,000 total forum participations [2] Group 1: Company Strategy and Vision - Guosen Securities aims to enhance its research capabilities and provide comprehensive support for investors through a multi-dimensional research system covering macro, industry, and company analysis [3] - The company emphasizes a full-cycle financial service model, offering support from IPOs to mergers and acquisitions, to help businesses optimize their industrial chain [3] - Guosen Securities is committed to wealth management transformation, leveraging AI technology to provide personalized asset allocation solutions [3] - The firm is expanding its cross-border business to seize new opportunities under the "dual circulation" development framework [3] - Guosen Securities is focused on improving compliance and risk management to ensure investor safety [3] Group 2: Economic Outlook and Challenges - The current economic landscape in China is characterized by a painful transition between old and new growth drivers, with deflationary pressures impacting asset prices [5] - Policies have shifted towards "anti-deflation," aiming to stabilize the stock and real estate markets to boost confidence [5] - The rise of the "new economy," represented by AI and smart manufacturing, is expected to gradually replace traditional sectors as the main growth driver [5] - The ongoing technology cycle and industrial upgrades are anticipated to facilitate the transition between old and new economic drivers [5] Group 3: Key Presentations and Discussions - Keynote speeches included an analysis of Sino-U.S. industrial and technological competition, emphasizing strategic responses [4] - Discussions highlighted the need for balanced consumption and investment to achieve high-quality economic development during the "14th Five-Year Plan" [4] - The conference featured seven sub-forums where analysts and experts provided insights into investment opportunities and challenges in various sectors, including A-shares, Hong Kong stocks, and public funds [5]