券业合并浪潮滚滚向前。今年以来，作为新"国九条"后首单券商并购重组过会项目，国联民生证券业务条 线的整合持续推进。 券商中国记者最新获悉，国联证券与民生证券研究业务已完成全面整合，国联民生证券研究所正式扬帆起航。 据悉，全新的国联民生证券研究所，将由国联民生副总裁兼研究所总经理胡又文领航，涵盖超30支研究团队与 多支销售团队，实现全行业研究领域覆盖。 在研究阵容方面，陶川担任国联民生首席经济学家兼宏观首席分析师。研究所副总经理团队中，包承超（策 略）、邱祖学（金属）从策略与周期行业维度筑牢研究根基；崔琰（汽车）、孔蓉（海外研究）、管泉森（家 电）、周泰（能源开采）等副总经理则为细分行业研究注入专业视角。 研究业务整合完毕，原双方团队各占一半 自国联+民生整合以来，研究业务的整合动态就一直备受业内关注。 合并之前，原国联与民生双方在研究业务上各有千秋。原国联证券研究所分为总量、高端制造、消费、科技四 大研究团队，具有深厚行业积累和丰富研究经验；民生证券研究院在人工智能、大宗商品、制造业等领域拥有 行业领先的研究力量，充满创新活力和前沿视野。 券商中国记者获悉，在全面整合后，合并后的团队实现了均衡融合，原双方团队 ...

Core Viewpoint - The integration of brokerage firms and financial technology is driving the development of the financial industry, with Guolian Minsheng Securities being a notable example of successful merger and integration efforts in this context [1][2]. Group 1: Financial Technology Integration - Guolian Minsheng Securities is actively promoting its business integration and financial technology initiatives, including hosting an AI competition for its subsidiaries to enhance understanding of AI products in the financial data sector [1]. - The firm has established a "technology + business" dual-engine model, leveraging AI to accelerate digital transformation across various business areas, including intelligent auditing of prospectuses and credit rating [2][3]. Group 2: Investment Banking Digital Transformation - The company has implemented a systematic approach to digital transformation in investment banking, enhancing efficiency in deal sourcing, due diligence, underwriting, and post-transaction monitoring through intelligent tools and platforms [3]. - By utilizing a business opportunity system and risk screening platforms, Guolian Minsheng Securities aims to improve project quality and enhance collaboration among internal and external resources [3]. Group 3: Investment and Research Synergy - In the investment sector, the firm has developed a digital platform for online management of self-operated, private equity, and alternative investments, facilitating early engagement and continuous tracking of client needs [4]. - The company has also established a robust research framework supported by AI technologies, significantly improving research efficiency and quality, and positioning itself among the top firms in the industry with a market share of 4.22% in commission income [5]. Group 4: Strategic Goals and Future Outlook - Guolian Minsheng Securities aims to become a technology-driven investment bank, focusing on digital platform construction and enhancing risk control and customer experience through big data and AI [7]. - The establishment of an AI research institute and an advisory committee reflects the company's commitment to advancing its capabilities in AI and contributing to national strategies in this field [5][7].