2024-09-09 09:55Group 1: Company Overview and Performance - The company, CITIC Securities Co., Ltd., held a performance briefing on August 30, 2024, from 15:00 to 16:00 [2] - The briefing included insights from key executives, including Chairman Wang Changqing and CFO Zou Yingguang [2] - The company's retail business shows a competitive advantage, with plans for wealth management transformation and strategic adjustments in customer acquisition [3] Group 2: Business Strategies and Market Position - The company is focusing on enhancing its core competitiveness through mergers and acquisitions, as highlighted by the new "National Nine Articles" [3] - Adjustments in investment banking operations have been made, particularly in the area of mergers and acquisitions [3] - The company aims to smooth income fluctuations through strategic measures in response to the current regulatory pressures in the capital market [3] Group 3: Financial Management and Future Outlook - The company is exploring strategies for capital allocation amidst significant market volatility, particularly in fixed income and equity investments [3] - Plans for international business development are being formulated as the capital market continues to open up [3] - The company is committed to maintaining stable performance and enhancing investor confidence through specific measures in market value management [3]