CGWS(002939)2025-02-21 09:12Group 1: Industry Competition and Strategic Planning - The company views mergers and acquisitions as essential for rapid growth and responding to increasing industry competition, supported by recent regulatory encouragement for such activities [2] - The company has established a comprehensive "14th Five-Year" strategic plan focusing on differentiated competitive advantages in "science and technology finance, green finance, and industrial finance" [2] Group 2: Asset Allocation and Investment Strategy - Since September 2024, the company has emphasized a "high dividend +" strategy, focusing on low-volatility high-dividend assets as a profit foundation [3] - The company aims to create a "pyramid-type" asset portfolio that is more reasonable and adaptable to market conditions and funding attributes [3] Group 3: Market Development and Business Expansion - The company is one of the first to obtain market-making qualifications for the New Third Board and is actively pursuing market-making business qualifications for the Beijing Stock Exchange [4] - Plans are in place to establish a special quota for initial market-making business at the Beijing Stock Exchange, with evaluations based on the implementation of related reforms [4] Group 4: Public Fund Management - The company’s two fund subsidiaries, Invesco Great Wall and Great Wall Fund, are focusing on internationalization and specialization to enhance management scale and investment performance [4] - The company aims to strengthen the reputation and brand value of its fixed-income products through robust development strategies [4] Group 5: Technology and AI Integration - The company has launched the DeepSeek AI model and is enhancing its business capabilities through various AI technologies, including OCR and natural language processing [5][6] - Future IT investments will focus on technology, big data analysis, and cloud computing to support ongoing AI applications [6] Group 6: Shareholder Assessment and Market Value Management - The company is assessed on comprehensive indicators, including operational performance and market value management, to enhance its attractiveness in the capital market [6] - Market value management indicators are integrated into the performance evaluation of the company's leadership team [6]