FCSC(SZ:002797)2022-12-04 10:46Group 1: Fundraising and Financial Strategy - The company plans to raise up to RMB 6 billion through a non-public stock issuance, with a maximum of 70 million shares to be issued [2] - The raised funds will be allocated as follows: - Up to RMB 25 billion for expanding investment and trading business - Up to RMB 20 billion for expanding credit business - Up to RMB 10 billion for debt repayment - Up to RMB 4 billion for investments in subsidiaries - Up to RMB 1 billion for other operational funds [2] Group 2: Fixed Income Business - The company holds qualifications as a market maker in the interbank bond market and is a member of the national treasury underwriting syndicate, enhancing its market influence [3] - The company has maintained a leading position in the interbank market, with bond sales reaching nearly RMB 10 trillion over the past three years [3] - Future strategies include expanding the scope of fixed income products and enhancing sales efforts to maintain market leadership [3] Group 3: Asset Management Strategy - The company has developed a differentiated competitive advantage in asset management, focusing on brokerage asset management, public funds, and private equity funds [4] - The public fund subsidiary has established a diverse product line and aims to enhance active management scale and product quality [4] - The private equity subsidiary has formed partnerships with over 40 state-owned enterprises and listed companies to promote industrial funds [4] Group 4: Risk Management and Business Development - The company is cautiously developing stock pledge business, focusing on projects that provide comprehensive returns [4] - Effective monitoring of credit risk is conducted through a three-stage assessment process [4] - The investment banking subsidiary has a project reserve in IPOs, refinancing, corporate bonds, and mergers and acquisitions, with a focus on enhancing its capabilities [4]