CGWS(002939)2025-03-19 10:58Group 1: Company Performance and Strategy - In 2024, the company focused on enhancing core competencies such as investment research, investment banking, and customer acquisition, guided by the "14th Five-Year Plan" [1] - The company aims to improve its comprehensive financial service capabilities while adhering to the principle of "customer-centric" [1] - The annual report for 2024 is being prepared and will be disclosed by April 30, 2025 [1] Group 2: Market Outlook and Development Plans - For 2025, the company will focus on developing as an "industrial securities firm" and building a first-class comprehensive investment bank [2] - The company plans to leverage its advantages as a state-owned enterprise to enhance its industrial financial capabilities and support the optimization of supply chains [2] - The company is committed to participating in various financing activities, including REITs and bond financing, to support the Huaneng Group and its subsidiaries [2] Group 3: Long-term Vision and Collaboration - The company aims to establish 2-3 international first-class investment institutions by 2035, with a focus on technology innovation and green development [2] - Longcheng Fund and Invesco Great Wall Fund will work on innovative product offerings to meet long-term capital market needs [2] - The company is dedicated to enhancing the capital market's hub function and promoting long-term capital inflow [2]