Core Insights - The article highlights the strategic transformation of Guangfa Securities from a product-selling model to a client-centric investment advisory approach, emphasizing the importance of generating returns for clients [2][4]. Group 1: Company Performance - As of the end of Q3 2023, over 95% of clients holding the "Qiji" series solutions for more than three months have reported profits, indicating the effectiveness of the company's investment strategies [1][3]. - The company’s financial product distribution scale reached 350 billion yuan, reflecting a 30% increase compared to the end of 2022, positioning it among the top tier in the industry [1][3]. Group 2: Strategic Transformation - Guangfa Securities initiated a strategic shift in 2016 towards a buy-side advisory model, focusing on client profitability and embedding this philosophy into its corporate culture [2][4]. - The company has implemented a clear transformation path, including the launch of the "Star Investment Advisor" training system in 2016 and the introduction of the "Qiji" series asset allocation solutions in 2023 [2][4]. Group 3: Service Logic Reconstruction - The transformation is based on the "Three Transformations" principle: buy-side advisory, asset allocation, and solution-oriented services, fundamentally restructuring the service logic [4]. - The company has reformed its advisor assessment system to focus on client account returns and satisfaction rather than sales volume, aligning advisor incentives with client interests [4]. Group 4: Team and Technology Integration - Guangfa Securities has built a robust advisory team exceeding 4,700 members, ranking second in the industry, and has embraced digital transformation to enhance service delivery [5]. - The company has developed a comprehensive suite of digital tools to support advisors in market analysis, client profiling, product selection, and risk monitoring, allowing them to focus on complex decision-making and client relationships [5]. Group 5: Future Outlook - The company anticipates the full emergence of the 2.0 era of wealth management in China, positioning itself as a "private wealth steward" to assist families in navigating economic cycles [6].

Core Viewpoint - The company has successfully transformed its wealth management approach by prioritizing client interests over sales, leading to significant market recognition and growth in revenue and product performance [1][2][5]. Group 1: Transformation Strategy - The company initiated a shift from a sales-oriented model to a client-centric approach in wealth management starting in 2016, emphasizing the responsibility of making profits for clients [2][4]. - The transformation is structured around three pillars: solution-oriented services, buyer advisory, and asset allocation, which collectively aim to enhance client wealth rather than merely selling products [4][8]. - As of Q3 2025, the company has built a team of over 4,700 advisors, ranking second in the industry, reflecting its commitment to professional advisory services [2][3]. Group 2: Product and Service Development - The company established a three-tier product screening mechanism in 2018 to ensure high asset quality and launched the "Qiji" series of asset allocation solutions in 2023, addressing clients' needs throughout their life cycles [3][5]. - By the end of September 2025, the company reported a financial product distribution scale exceeding 350 billion, marking a 30% increase from the previous year, indicating successful growth in both scale and efficiency [5][6]. Group 3: Market Recognition and Client Satisfaction - The company has consistently received accolades, including the "Best Advisory Team" award for five consecutive years, showcasing its competitive edge in client satisfaction [7]. - The satisfaction rate among clients for advisory services has significantly improved, underscoring the effectiveness of the client-centric model [7][8]. Group 4: Digital Transformation and Future Outlook - The company is leveraging digital tools to enhance its advisory services, including a comprehensive wealth management platform that integrates various functionalities for client interaction and service delivery [7][8]. - The ongoing exploration of buyer advisory and the integration of technology are expected to further enrich the company's service offerings and support long-term wealth growth for clients [7][8].