Core Insights - The asset management business of Caida Securities has achieved significant recognition, winning three awards at the "2025 China Securities Firm Exemplary Case Selection" event, including the title of exemplary asset management institution and outstanding investment manager [1] - Caida Securities' asset management business has shown remarkable growth, with total managed assets increasing from 11.085 billion yuan in June 2022 to 44.342 billion yuan in June 2025, representing a cumulative increase of over 300% [1][2] - The overall securities asset management industry has faced challenges, with a decline in scale and revenue, contrasting with Caida Securities' performance [2] Company Performance - Caida Securities' asset management revenue has doubled over the past three years, growing from 5.8 million yuan in 2021 to 32.6 million yuan in 2024, highlighting its role as a key growth driver for the company [1] - The company has successfully transformed from a regional player to a nationally recognized asset management firm within three years, attributed to a strong market-oriented talent recruitment strategy [2] Product and Strategy - The asset management business of Caida Securities has established a professional investment research system and diversified product offerings, with several products ranking among the top performers in their categories [3] - In the first half of 2025, Caida Securities launched 72 new asset management plans, ranking 10th in the industry for the number of new collective asset management plans established [3] - The company has expanded its distribution network, partnering with over 30 third-party platforms, enhancing its product competitiveness and brand influence [3] Industry Context - The securities asset management industry has experienced a contraction, with private product scale declining from 71,180.50 billion yuan in June 2022 to 55,208.19 billion yuan in June 2025, a decrease of over 20% [2] - The net income from securities asset management dropped from 13.319 billion yuan in June 2022 to 11.351 billion yuan in June 2025, a decline of approximately 15% [2] - The success of Caida Securities serves as a valuable case study for high-quality development during the industry's transformation period, emphasizing the importance of investment research capabilities and product performance [4]

Core Viewpoint - The article highlights the outstanding performance of Caida Securities' asset management business, which has achieved significant growth and recognition in a challenging market environment, showcasing its ability to thrive despite industry-wide declines [1][2][3]. Group 1: Awards and Recognition - Caida Securities' asset management business won three awards at the "2025 China Securities Firm Excellence Demonstration Case Selection," including the exemplary asset management institution and outstanding investment manager [1]. - The firm has been recognized for its exceptional investment performance and product offerings, which have garnered market attention [1]. Group 2: Business Growth and Performance - Caida Securities' asset management business has seen a remarkable increase in managed assets, growing from 11.085 billion yuan in June 2022 to 44.342 billion yuan by June 2025, representing a cumulative increase of over 300% and a compound annual growth rate exceeding 50% over three years [1][2]. - The revenue from the asset management business has also doubled over the past three years, increasing from 0.58 billion yuan in 2021 to 3.26 billion yuan in 2024, indicating its role as a key driver of overall company performance [1]. Group 3: Industry Context - The broader securities asset management industry has faced challenges, with total private product scale declining from 71,180.50 billion yuan in June 2022 to 55,208.19 billion yuan by June 2025, a decrease of over 20% [2]. - Revenue in the industry has also contracted, with net income dropping from 133.19 billion yuan in June 2022 to 113.51 billion yuan by June 2025, a decline of approximately 15% [2]. Group 4: Strategic Development - Caida Securities has established a professional investment research system, focusing on asset allocation and product differentiation, which has led to strong performance in various product categories [3][4]. - The firm has launched 72 new asset management plans in the first half of 2025, ranking 10th in the industry for the number of new collective asset management plans established [3][4]. - The successful collaboration with over 30 third-party platforms, including major internet channels, has enhanced the competitiveness and brand influence of Caida Securities' products [4]. Group 5: Future Outlook - The article suggests that the future of the asset management industry will focus on active management, technological empowerment, and enhanced customer service, with a shift towards prioritizing returns over scale [4]. - Caida Securities' growth trajectory demonstrates that securities firms can achieve sustainable development through strengthened investment research capabilities and a robust product matrix [4].