Group 1 - The core viewpoint of the articles highlights the increasing involvement of bank wealth management subsidiaries in the IPO and financing of high-performance GPU chip companies like Moore Threads, showcasing a diverse approach to building "patient capital" [1][2] - Moore Threads has received approval for its IPO, with several bank wealth management products participating in the strategic allocation, indicating strong interest from financial institutions [1] - Ningyin Wealth Management has actively engaged in new stock subscriptions, achieving a 96% success rate in 25 attempts this year, reflecting a robust investment research system and a focus on supporting the real economy and technological innovation [2] Group 2 - The articles emphasize the importance of "technology finance" in China's financial landscape, particularly in supporting the modernization process and the construction of a strong financial nation [3] - Bank wealth management subsidiaries are increasingly investing in private equity funds to support key industries identified by national strategies, thus evolving into "patient capital" [3] - Beiyin Wealth Management has established a long-term mechanism for "investment-loan linkage" to provide stronger support for the innovation and development of small and medium-sized enterprises, with significant investments in hard technology industries [3]

Group 1 - Moole Technology (688795.SH) officially issued on the Sci-Tech Innovation Board at an issuance price of 114.28 yuan per share, making it the most expensive new stock of the year [1] - Ningyin Wealth Management successfully allocated shares of Moole Technology, with six of its products making the cut, ranking first among bank wealth management companies in terms of both the number of products and allocated amount [1] - Ningyin Wealth Management has actively engaged in new stock subscription, participating in 25 new stock applications this year, with a success rate of 96%, and has accumulated allocations exceeding 10 million yuan [1] Group 2 - In January 2025, a joint issuance of the "Implementation Plan for Promoting Long-term Funds to Enter the Market" will grant bank wealth management the same offline subscription status as public funds [1] - Ningyin Wealth Management is one of the few institutions deeply involved in equity investments, leveraging the favorable policy environment to enhance its new stock subscription business [1] - Earlier in 2023, Beiyin Wealth Management issued the Jinghua Runze Winter series of wealth management products to participate in Moole Technology's Series B financing through private equity fund investments [1]