Guosen Securities(SZ:002736)2022-12-07 09:06Group 1: Industry Impact and Response - The brokerage industry is facing pressure on commission rates due to the impact of the internet, which is expected to continue decreasing these rates [1] - To counteract this, brokerages should enhance their services, such as margin financing, to adapt to the changing landscape [1] - Providing professional advisory services can increase client loyalty and recognition, with Guosen Securities focusing on productizing their service offerings [1] - Embracing changes brought by the internet, especially mobile internet, is crucial, as many securities firms are establishing their own platform and traffic channels [1] Group 2: Financing Strategies - The company will continuously improve its capital structure based on regulatory requirements and business development needs [2] - The choice of external financing methods will be determined by the company's asset-liability structure and liquidity status [2] Group 3: Investment Banking Development - Investment banking is a key business for Guosen Securities, focusing on integrating clients through multi-tiered capital market interfaces to drive client flow growth [2] - The ability to provide comprehensive professional services and develop a diversified service platform will be critical for future growth [2] - Guosen Securities is closely monitoring policy changes, such as the registration system reform, to enrich its "full value chain" service model [2] Group 4: Information Disclosure Compliance - During the investor relations activities, the company ensured full communication with investors, adhering to information disclosure management regulations to guarantee the accuracy and completeness of disclosed information [2]