Core Viewpoint - Guosen Securities is leveraging its experience in serving small and medium-sized enterprises to build a specialized system that empowers technology companies, aligning with national strategies and enhancing service capabilities [1][2]. Group 1: Service Strategy - Guosen Securities aims to establish a comprehensive service system for technology enterprises, focusing on three core capabilities: a competitive full-chain service system, a precise investment system through its platforms, and full industry chain service coverage in strategic sectors like new energy and healthcare [2][3]. - As of the end of 2024, over 70% of the IPO projects Guosen Securities has sponsored are strategic emerging enterprises, covering industries such as new generation information technology and high-end equipment manufacturing [2]. Group 2: Competitive Advantages - The dual characteristics of being a state-owned enterprise with market-oriented genes provide Guosen Securities with confidence in serving technology companies, as they understand the challenges faced by entrepreneurs [3]. - The company implements a collaborative mechanism to quickly respond to the needs of technology enterprises, enhancing service dimensions through customer classification and localized service models [3][4]. Group 3: Project Identification and Evaluation - Guosen Securities focuses on sectors like TMT, new materials, and high-end manufacturing for project reserves, using "technology content" as a hard standard for project selection [4][6]. - The "customer validation" model is employed to assess the technological advancement and market fit of potential investments, utilizing feedback from downstream clients to inform investment decisions [6][7]. Group 4: Regional Development Support - Guosen Securities supports Shenzhen's "20+8" industrial cluster initiative by providing full-cycle services and leveraging private equity management to establish large mother funds for industry clusters [7][8]. - The company has successfully facilitated significant financing for state-owned enterprises, exemplified by a recent project that raised 5 billion yuan for a waste-to-energy initiative, showcasing the integration of technology and economic benefits [8].