Core Viewpoint - Zhongyuan Trust celebrates its 40th anniversary, highlighting its evolution from a small trust company to a significant player in the financial sector, contributing to the economic development of the region and adapting to industry changes over the decades [1][7]. Group 1: Historical Development - Zhongyuan Trust was established in 1985, marking the revival of the trust industry in China post-reform, and has since been integral to the economic growth of Henan province [2][3]. - The company adopted innovative practices early on, including market-based recruitment and diverse funding methods, which allowed it to support local economic development through loans and investments [3][4]. - Following regulatory reforms in the early 2000s, Zhongyuan Trust expanded its operations significantly, increasing its registered capital from 5.92 billion to 36.5 billion yuan and growing its trust scale from 800 million to 200 billion yuan [4]. Group 2: Recent Developments and Challenges - The introduction of the Asset Management New Regulations in 2018 prompted Zhongyuan Trust to undergo significant organizational adjustments and enhance its business offerings, including the development of a new information system [5][6]. - In 2023, the company completed its largest cash capital increase, raising its registered capital from 4 billion to 4.681 billion yuan, thereby strengthening its financial position [6]. - Zhongyuan Trust has focused on risk management and proactive strategies, enhancing its wealth management and family trust services, while also expanding into digital finance and innovative product offerings [6]. Group 3: Future Outlook - The company has managed over 2 trillion yuan in trust assets and generated significant profits, indicating its robust performance and contribution to the local economy [7]. - As the trust industry undergoes transformation, Zhongyuan Trust aims to enhance its comprehensive strength and maintain its commitment to serving the real economy and improving people's lives [7].

活动伊始，中原信托财富管理中心总经理贾琳发表了热情洋溢的致辞，对各位贵宾的到来表示诚挚欢迎，并强调了在当前复杂经济环境下，专业投资策略与 前瞻视野对财富管理的重要性，为报告会拉开了序幕。 中原证券首席经济学家邓淑斌博士就下半年宏观经济与资本市场进行了深入解读。邓淑斌博士指出，2025年上半年中国经济迎难而进，服务消费增长显著， 长期向好基础未变，展现出足够韧性，但结构性问题突出，外部风险加深；中央将"拓展居民财产性收入"作为提振消费的关键路径，而当前股票资产的配置 价值在复杂复苏环境中正日益凸显，A股市场在政策与基本面支撑下有望持续向好。 8月9日下午，"中蕴经纬·原观澜变"投资策略报告会在河南省郑州市中原信托大厦隆重举行。八月的热浪难掩投资者对市场的关注热情，本次活动汇聚了一 百余位客户，共同聆听市场前沿声音，把握投资新机遇。 聚焦宏观：韧性中的机遇与挑战 深圳中欧瑞博总经理张良先生带来了对股市的深刻洞察。张良先生认为，国内政策已发生重大积极转向，力度空前且聚焦稳市，标志着熊市终结并进入牛市 进程；可关注政策转向的核心驱动力，并重点考虑布局科技、创新药、黄金等板块的优质成长机会。 研判市场：牛市来了吗？ 报 ...

Core Insights - The "Zhongyun Jingwei Yuan Guanlan Transformation" investment strategy report meeting was held on August 9, attracting over 100 clients to discuss market opportunities [1] - The event emphasized the importance of professional investment strategies and foresight in wealth management amid a complex economic environment [3] Macro Focus: Opportunities and Challenges - The chief economist of Zhongyuan Securities, Deng Shubin, provided an in-depth analysis of the macroeconomic outlook for the second half of the year, highlighting significant growth in service consumption and the resilience of the Chinese economy despite structural issues and external risks [6] - The central government aims to "expand residents' property income" as a key path to boost consumption, with the value of stock asset allocation becoming increasingly prominent in the current recovery environment [6] Market Assessment: Is a Bull Market Here? - Zhang Liang, General Manager of Shenzhen Zhongou Ruibo, shared insights on the stock market, indicating a significant positive policy shift that marks the end of the bear market and the beginning of a bull market [8] - He suggested focusing on core drivers of policy change and considering quality growth opportunities in sectors such as technology, innovative pharmaceuticals, and gold [8] Fixed Income Strategy: Balancing in Volatile Times - Zhao Chengxu, Manager of the Fixed Income Department at Zhongyuan Trust, analyzed the current bond market, noting economic resilience but insufficient domestic demand and increased external uncertainties [10] - He recommended positioning bonds as a "core allocation" to effectively balance investment portfolio volatility, suggesting that risk-tolerant investors consider "fixed income +" products [10] Wealth Protection: One-Stop Trust Account Solutions - Wang Ningqi, Senior Manager of the Family Trust Office at Zhongyuan Trust, introduced the "He Account," a one-stop wealth management service aimed at solving multi-account configuration challenges [11] - The service focuses on centralized and visualized family wealth management, leveraging the core advantages of trust law for asset isolation protection and targeted inheritance [11] Event Atmosphere - The report meeting fostered a lively atmosphere, encouraging in-depth discussions among attendees, and showcased Zhongyuan Trust's commitment to client-centered service and wealth protection [14]