炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 【导读】中银证券拟出资14亿元向中银国际投资增资 中国基金报记者 莫琳 8月19日，中银证券公告称，公司计划向其全资子公司中银国际投资有限责任公司（以下简称中银国际投资）增资14亿元人民币，将中银国际投资的注册 资本从6亿元增至20亿元。 | 序号 | | 被投资企业名称 | 状态 | 成立日期 ÷ | 持股比例 ៖ | | --- | --- | --- | --- | --- | --- | | 1 | 中医 药大 | 云南中医药大健康创新股权投资基金合伙企业（有限 合伙） | 存续 | 2024-12-11 | 28.5714% | | | | 重庆璧山科创产业私募股权投资基金合伙企业（有限 | | | | | 2 | 雙山 科创 | 合伙) | 存续 | 2024-10-11 | 19.97% | | | | 国有控股 | | | | | 3 | 中職 | 成都交子中赢创新发展基金合伙企业（有限合伙） | 存续 | 2024-11-07 | 25% | | | | 济南国际医学中心医发引导基金合伙企业（有限合 品 | | | | ...

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has approved ShenGang Securities to establish a subsidiary for private equity investment funds, marking the addition of the 80th member to the brokerage private equity subsidiary sector. This approval represents a significant expansion in ShenGang Securities' business since its establishment in 2016 as the first joint venture brokerage under the CEPA agreement [1]. Regulatory Requirements and Compliance Management - The CSRC has set specific requirements for ShenGang Securities, including the completion of subsidiary establishment, staffing, systems, and premises. The subsidiary cannot commence operations until inspected by the local regulatory bureau. The company is required to enhance compliance management and risk control for the subsidiary, preventing conflicts of interest and ensuring stable operations [3]. - The China Securities Association has issued self-regulatory rules that outline the criteria for recognizing significant impacts on private equity subsidiaries, including reporting requirements. These rules aim to enhance the role of brokerages in supporting the real economy and promoting high-quality industry development [3]. Industry Development and Market Trends - The brokerage business model is evolving towards diversification, including "investment + investment banking" and "sponsorship + co-investment," highlighting the advantages of using proprietary funds for equity investments. This shift supports enterprise financing needs and promotes industrial upgrading and innovation [4]. - Brokerages are leveraging their research capabilities and risk management systems to attract more long-term capital into the market. By 2024, private equity subsidiaries are expected to focus on early-stage, small-scale, long-term investments in key technology sectors such as computing, semiconductors, and biomedicine. As of the end of 2024, the scale of existing products from brokerage private equity subsidiaries is projected to reach 635.14 billion yuan, a 2.4% increase year-on-year [4].