Core Viewpoint - Northeast Securities has received approval from the China Securities Regulatory Commission (CSRC) to conduct a pilot program for optimizing account management functions, indicating regulatory support for the company's initiatives [1]. Group 1 - Northeast Securities announced the receipt of a regulatory opinion letter from the CSRC regarding its application for the pilot program [1]. - The CSRC has no objections to Northeast Securities' application for the account management function optimization pilot [1]. - The company commits to strictly adhere to laws, regulations, and regulatory requirements while conducting the pilot program [1].

Core Viewpoint - The expansion of the account management function optimization pilot program marks a significant step towards the large-scale development of a comprehensive account service system in the securities industry, with eight additional brokerages approved to participate, bringing the total to 20 [1][2][5]. Group 1: Pilot Program Expansion - Eight brokerages, including Guolian Minsheng and Huaxin Securities, have been granted approval to participate in the account management function optimization pilot program, which aims to enhance customer service and operational efficiency [3][4]. - The total number of brokerages eligible for the pilot program has increased to 20, indicating a shift towards a more comprehensive account service system [2][5]. Group 2: Regulatory Requirements - The regulatory opinions require participating brokerages to prioritize customer fund safety, manage fund transfers between accounts, and ensure compliance with customer identity verification and management [3][6]. - Brokerages must implement strict management mechanisms for account continuity and customer identity consistency, alongside enhanced risk monitoring and investor education [3][6]. Group 3: Historical Context and Progress - The account management function optimization pilot began in December 2021, with an initial group of 10 brokerages, and has since expanded to include additional firms, reflecting ongoing improvements in the account management system [5][6]. - The pilot program has led to significant advancements in comprehensive account services, with early participants developing integrated solutions for account management and fund transfers [6]. Group 4: Benefits for Investors and Brokerages - The comprehensive account system is expected to improve fund allocation efficiency for investors and streamline processes, meeting the demand for more convenient services [7]. - For brokerages, the optimization of account management functions is seen as a key infrastructure for transforming business models and enhancing operational capabilities, ultimately benefiting customer experience and competitive advantage [7].

Core Viewpoint - Western Securities has received regulatory approval from the China Securities Regulatory Commission (CSRC) to conduct an account management function optimization pilot program, indicating a positive step towards enhancing its operational capabilities and compliance with regulatory standards [1][2]. Group 1: Regulatory Approval - The company has received a regulatory opinion letter from the CSRC regarding its application for the account management function optimization pilot program, with no objections raised [1]. - The regulatory opinion emphasizes the importance of safeguarding client funds and managing fund transfers between accounts [2]. Group 2: Compliance and Management Requirements - The company is required to adhere to strict client fund safety measures, including managing the transfer of funds between accounts and ensuring client identity verification according to the "three elements" consistency rule [2]. - There is a mandate for the company to implement comprehensive account management practices, including ongoing management of client identity information and compliance with regulatory reporting requirements [2][3].

Group 1 - The core viewpoint of the announcement is that Guolian Minsheng Securities has received regulatory approval from the China Securities Regulatory Commission (CSRC) to conduct a pilot program for optimizing account management functions [1]. - The company assures that the announcement contains no false records, misleading statements, or significant omissions, and takes legal responsibility for the accuracy and completeness of the content [1]. - The company will strictly adhere to laws, regulations, and regulatory requirements while carrying out the pilot program for account management function optimization [1].

Core Viewpoint - Western Securities has received approval from the China Securities Regulatory Commission (CSRC) to conduct a pilot program for optimizing account management functions, indicating regulatory support for the company's initiatives [1] Summary by Relevant Sections - **Regulatory Approval** - The CSRC has no objections to Western Securities' application for the pilot program [1] - The company is expected to strictly adhere to laws, regulations, and regulatory requirements while conducting the pilot program [1]

Core Viewpoint - Guolian Minsheng Securities Co., Ltd. has received approval from the China Securities Regulatory Commission (CSRC) for its application to conduct a pilot program for optimizing account management functions [1] Group 1 - The company has received a regulatory opinion letter from the CSRC regarding its application for the pilot program [1] - The CSRC has no objections to the company's application for the account management function optimization pilot [1]