2023-07-04 09:12Group 1: Wealth Management Business Layout - The company is actively transforming its wealth management and asset management business to meet diverse client needs, driven by the growth of resident wealth and varied demands [2] - As of March 2023, the company’s financial product distribution scale and market share have increased compared to the end of the previous year; it ranks third among brokers in terms of non-monetary market public fund holdings [2] Group 2: Public Fund Business Development - The company manages public fund operations primarily through its subsidiaries, Guangfa Fund (54.53% ownership) and E Fund (22.65% ownership), being one of the top shareholders [3] - As of March 2023, Guangfa Fund's total public fund scale reached CNY 1.30 trillion, up 3.68% from the end of 2022; excluding money market funds, the scale is CNY 701.28 billion, ranking third in the industry [3] - E Fund's total public fund scale reached CNY 1.71 trillion, up 8.72% from the end of 2022; excluding money market funds, the scale is CNY 1.06 trillion, ranking first in the industry [3] Group 3: Asset Management Business - Guangfa Asset Management manages client assets across various asset classes and investment strategies, including fixed income, equity, quantitative investments, and cross-border products [3] - In Q1 2023, Guangfa Asset Management's average monthly scale of private asset management ranked eighth in the industry [3] Group 4: Derivatives Business Development - The derivatives business is a key focus for the company in building a comprehensive service system for institutional clients, emphasizing market liquidity and pricing efficiency [3] - The company has received multiple awards for its market-making activities from exchanges, enhancing its trading and sales capabilities through diverse products [4] - Continuous improvement of team and system construction is being prioritized to support the derivatives business [4]