Caitong Securities(601108)2024-11-22 07:35Group 1: Investor Relations Activities - The report details various investor relations activities, including specific object research, analyst meetings, media interviews, performance briefings, and roadshows [2] - The meeting took place on November 20, 2024, in Hangzhou, with participation from Southern Fund and company representatives [2] Group 2: Policy and Market Opportunities - The company is among the first 20 financial institutions to obtain the swap convenience business qualification, completing its first stock buyback transaction promptly [3] - The company aims to leverage policy funds to enhance investment research and risk control, maximizing the policy effects and economic benefits of swap funds [3] Group 3: Business Strategy and Development - In response to intensified industry consolidation, the company is focusing on stable operations and internal growth while actively seeking merger and acquisition opportunities in the securities sector [3] - The company is expanding its business model by integrating investment banking, investment, and wealth management to drive growth [4] Group 4: Financial Performance and Goals - The company anticipates a recovery in its brokerage and margin financing businesses due to a rebound in the secondary market, with a focus on optimizing asset allocation while controlling risks [4] - Since September 24, 2024, new account openings have surged by 180%, bolstering the company's client base [4][5]