Core Viewpoint - The company conducted its fourth consecutive liquidity emergency drill to test and improve its liquidity risk management emergency plan, focusing on the end of the third quarter and spanning five trading days [1][2]. Group 1: Emergency Drill Overview - The emergency drill consisted of three parts: practical exercises, process rehearsals, and simulation analysis [1]. - Practical exercises targeted daily open products, monitoring asset allocation, liquidity risk indicators, product redemptions, and asset trading to assess liquidity management capabilities [1]. - Process rehearsals involved simulating extreme scenarios to ensure departments are familiar with emergency procedures, including client communication and regulatory reporting [1][2]. - Simulation analysis evaluated the company's response capabilities under systemic liquidity risk scenarios [1][2]. Group 2: Risk Management Enhancements - The drill covered key aspects such as risk monitoring, response mechanisms, and collaborative handling, providing quantifiable and optimizable practices for liquidity risk management [2]. - The company improved its identification and control of liquidity risks, refined emergency response processes, and enhanced cross-departmental crisis management efficiency [2]. - A comprehensive liquidity risk management system was established, focusing on investment portfolio liquidity management, investor liquidity needs, liquidity risk stress testing, and emergency planning [2]. Group 3: Future Plans - The company plans to refine its liquidity early warning monitoring system, optimize emergency response processes, and enhance liquidity risk management levels based on the experiences gained from the drill [3]. - The goal is to cultivate differentiated competitive advantages and support the high-quality development of its wealth management business [3].

Group 1 - The core viewpoint of the articles highlights the trend of banks promoting financial products ahead of the National Day holiday to attract investors and ensure their funds generate returns during the holiday period [1][2][6] - Many banks are offering low-risk cash management and fixed-income products that allow investors to earn returns even during the holiday, with specific deadlines for purchases [2][3] - The competition among banks has intensified, with extended purchase hours for financial products, allowing investors to buy until midnight on September 29, 2023, to benefit from holiday earnings [4][5] Group 2 - Financial products launched for the holiday period generally feature low risk and good liquidity, appealing to investors looking for stable returns [2][3] - The trend of "deposit migration" is evident, with funds shifting from traditional bank deposits to financial products, driven by lower interest rates on deposits [6] - Some banks are introducing special products with varying holding periods to cater to different investor needs, indicating a strategic response to changing market conditions [6]