Core Insights - Century Securities is focusing on a "one core, two wings" business strategy to establish itself as a leading comprehensive financial service provider in the Guangdong-Hong Kong-Macao Greater Bay Area, marking its 35th anniversary with a commitment to higher quality development [1] - The asset management division emphasizes a client-centric approach, aiming to provide high-quality asset management services through a "core + satellite" product service system, primarily focusing on fixed income products [1][2] Fixed Income Business - The fixed income business serves as the core pillar of Century Securities' asset management, featuring a well-structured product line with both short-term and long-term offerings [2] - All open or matured medium to long-term fixed income products have achieved 100% performance fee benchmarks, showcasing strong performance [2] - The company is facing challenges in the bond market, including "asset scarcity" and "high volatility," necessitating enhanced capabilities in managing product fluctuations and seizing interest rate trading opportunities [2] Innovation in Investment - Century Securities actively participates in the investment of technology innovation bonds, directing funds towards strategic emerging industries such as new technologies and high-end equipment, thereby supporting the real economy [3] - The asset management division is expanding its "fixed income +" and equity product lines, with the "Xingyue Shicheng" series focusing on enhancing returns while controlling volatility [5] Satellite Products - The "satellite" product line includes various FOF products that employ different investment strategies to achieve sustainable returns while controlling risks [4] - The FOF products have ranked highly among peers, with the "All-Weather" series receiving multiple awards [4] Digital Transformation - Century Securities is enhancing its digital capabilities by developing a proprietary research and investment platform, which improves operational efficiency and client experience [7] - The company is also building a customer relationship management (CRM) system to better understand and serve high-net-worth clients [6] Compliance and Risk Management - Compliance and risk management are prioritized, with a comprehensive real-time risk monitoring system in place to track market, credit, and liquidity risks [8] - The company aims to deepen its commitment to serving the real economy while expanding its asset management capabilities across multiple asset classes and strategies [8]