Zhongtai Securities(SH:600918)2024-11-20 07:35Group 1: Company Overview - Zhongtai Securities is a comprehensive securities firm approved by the China Securities Regulatory Commission, offering a wide range of services including investment banking, wealth management, research, institutional business, investment business, credit business, asset management, international business, and futures business [1]. Group 2: Asset Management Business - As of June 30, 2024, Zhongtai Asset Management had an asset management scale of CNY 122.14 billion, with public fund business size reaching CNY 42.26 billion [2]. - Wanji Fund, a subsidiary, managed a total of 152 public funds with a combined scale of CNY 467.83 billion, reflecting an increase of CNY 73.63 billion, or 18.68%, compared to the end of the previous year [2]. Group 3: Financial Digital Transformation - The company has made significant progress in financial digital transformation, establishing systems for group control, financial sharing, management accounting, corporate travel, treasury, and electronic accounting archives [2]. - Future focus will be on financial intelligence and "big finance" management goals, aiming to enhance financial management transformation and efficiency [2]. Group 4: IPO Policy Perspective - The current IPO policy is seen as a crucial part of the deepening reform of the registration system, necessary for balancing the investment and financing sides [2]. - The company aims to build a significant investment banking business system with industry influence, enhancing professional capabilities and client service to ensure project quality [2].