自2012年以来，星展中国一直活跃于中国债务资本市场和信用债投资领域。在获得非金融企业债务融资 工具承销资质之前，星展中国已充分发挥自身优势，聚焦特定细分市场，为特定类型的发行人提供服 务，并持续巩固在这些领域的领先优势。2021至2024年，星展中国在主承销金融机构、主权、超主权及 国家机构熊猫债的发行笔数方面，位居外资承销商首位。 2024年1月，星展中国通过市场评价，并于3月初完成相关备案，成为首个获得非金融企业债务融资工具 承销商资格的东南亚银行。作为亚洲领先的金融机构，星展银行拥有广泛的非金融企业客户网络。依托 这一优势，星展中国在非金融企业债务融资工具承销业务领域实现了快速发展。2025年年底，星展银行 被人民银行授权担任新加坡人民币清算行并获批参与境外中国银行间债券市场柜台业务，这将进一步优 化境外投资者进入中国债券市场的效率。 来源：星展银行 2025年12月30日，星展银行（中国）有限公司（"星展中国"）通过市场评价，获得中国银行间债券市场 非金融企业债务融资工具一般主承销商资格（"一般主承销商资格"），可以在银行间债券市场从事全部 类别债务融资工具主承销业务。 此次资质升级标志着星展中国已 ...

西部证券公告称，近日中国银行间市场交易商协会发布评价结果公告，公司可开展银行间债券市场非金 融企业债务融资工具一般主承销业务。公司将按相关规则，设立主承销业务相关部门，配备专职人员， 健全业务规程、风险管理和内部控制制度，规范开展主承销业务。 ...

Group 1: Collaboration with Shareholders - The company actively collaborates with China Huaneng and its subsidiaries, focusing on five key areas: debt management, equity financing, capital market operations, high-quality development, and new industry development [1][2] Group 2: Debt Financing Qualifications - In 2024, the company obtained the qualification to act as the lead underwriter for non-financial corporate debt financing instruments, further enhancing its bond market service capabilities [2] - In March 2025, the company achieved independent lead underwriting qualifications for non-financial corporate debt financing instruments, facilitating resource integration between exchange and interbank markets [2] Group 3: Innovation and Service Models - The company has established the "Science and Technology Innovation Financial Port," focusing on the needs of small and medium-sized technology enterprises within the China Huaneng industrial chain [3] - Currently, the company has a reserve of 432 enterprises in the Huaneng industrial chain, has reached out to 174 enterprises, and invited 40 enterprises to join the port, successfully promoting multiple financial cooperation projects [3] Group 4: Research Institute Objectives - The company's Industrial Finance Research Institute aims to enhance research capabilities across various sectors, including energy, technology, high-end manufacturing, and new consumption, while establishing a leading position in energy industry research [4] - The institute focuses on market orientation and customer-centric approaches to become a mainstream research institution in the sell-side research market [4]