CGWS(SZ:002939)2025-11-05 09:00Group 1: Financial Performance - The company achieved a total revenue of 22.86 billion yuan in the first three quarters of 2025, representing a year-on-year increase of 41.21% [2] - The total profit reached 19.31 billion yuan, with a year-on-year growth of 75.83% [2] - Basic earnings per share increased to 0.48 yuan, reflecting a growth of 77.88% compared to the previous year [2] Group 2: Business Strategy - The company emphasizes a strategic focus on "safety," "leading," and "service" to guide its operations [3] - The development strategy includes a commitment to "industry brokerage + first-class investment banking," aiming to strengthen capital-intensive businesses while expanding light capital operations [3] Group 3: Customer Acquisition and Management - The company reported a significant year-on-year increase in new customer acquisition, leveraging market opportunities [3] - A three-step approach ("active customers, frequency enhancement, conversion") is employed to improve the conversion rate and activity of effective accounts [3] - The wealth management business adopts a "customer-centric" philosophy, integrating research, investment, and advisory services to enhance customer engagement and value conversion [3]