YueKai securities has made new moves
On May 17, YueKai securities completed the new term of directors, supervisors and senior managers, and all the former senior managers remained in office. At the same time, the three-year development action plan for 20222024 was officially issued.
YueKai securities has completed the new term of director, supervisor and senior manager. Except for the former chief financial officer who is about to retire, all the former senior management team remain in office, maintaining consistent continuity and stability. At the same time, the company officially issued the three-year development action plan for 20222024, in order to complete the annual capital and share increase goal as soon as possible and actively sprint for IPO
In the three-year action development plan, YueKai securities clearly proposed to accelerate the building of first-class, high-quality and characteristic securities companies as the main line, launch the three driving engines of "three investment coordination", "wealth management" and "financial technology" with the support of shareholders and regional advantages, adhere to professional operation, market-oriented, capitalized development and brand promotion, and give full play to the guidance of Party construction, talent strategy, cultural empowerment With the role of five escort systems of compliance risk control and synergy, after three years of hard work, the company's comprehensive strength has entered the waist of the industry, its characteristic business ranks first in the industry, and is moving towards the strategic goal of listing the company.
Since its settlement in Guangzhou Development Zone, YueKai securities has blossomed in many business lines in the past two years. For example, it has established an industrial fund with a total scale of 3 billion yuan jointly with three Guangkai holding subsidiaries; Successfully completed the first "small amount fast" fixed increase project of gem registration system; YueKai Securities Research Institute (hereinafter referred to as the "Research Institute") has also undertaken a number of government commissioned projects to provide suggestions and suggestions for the capital market to help regional economic development... Building an open and inclusive first-class boutique characteristic securities firm in the Great Bay area of Guangdong, Hong Kong and Macao is gradually becoming a reality from a slogan.
based on two major supports and combing the three-year plan
In April 2020, YueKai securities officially moved from Huizhou to Guangzhou Development Zone. It has been two years since then. Focusing on the main line of accelerating the building of first-class, high-quality and characteristic securities companies in Guangdong, Hong Kong and Macao Bay area, YueKai securities is gradually adapting to the local market environment with the support of shareholders and regional advantages.
On the one hand, relying on the shareholder Guangkai holdings, YueKai securities has continuously strengthened the internal coordination of Guangkai holdings. By excavating the subsidiaries and related resources of Guangkai holdings and closely combining with the investment department of Guangkai holdings and YueKai capital (a wholly-owned private placement subsidiary of YueKai securities), establish a linkage mechanism to share the target enterprise resources, increase the coverage of enterprises in the park from the scope and depth of services, and improve the penetration of investment banking business.
Guangkai holdings is an important platform for the administrative committee of the State Development Zone to expand capital operation and asset management, optimize industrial structure and accelerate regional economic development. Guangkai Holdings has invested and participated in a number of world-class major industrial projects, including cooperating with LG display to jointly invest more than 80 billion yuan to build Guangzhou's "global display capital", strategically investing in Xiaopeng automobile to build an intelligent vehicle manufacturing base, and jointly building a strategic highland of the international biomedical industry with Baiji Shenzhou, nuocheng Jianhua and LVYE holdings.
With the help of the industrial advantages of the shareholders of the parent company, YueKai capital focuses on new energy, biomedicine, intelligent manufacturing and other fields. The management scale has grown from scratch and has exceeded 3 billion yuan. The management scale is expected to continue to make a breakthrough in 2022. The invested projects also have outstanding growth, good operating performance and clear listing expectations. For example, Shenzhen Xunjiexing Technology Corp.Ltd(688655) Technology ( Shenzhen Xunjiexing Technology Corp.Ltd(688655) . SH) has been listed on the science and innovation board in May 2021, and Cnsig Inner Mongolia Chemical Industry Co.Ltd(600328) fixed increase exit has been realized. Other projects are planned to apply for the main board, entrepreneurship board and science and innovation board from 2022 to 2024 respectively. Meanwhile, YueKai securities deeply developed Guangkai holding resources, landed assets such as custody holding, strategic investment listed companies and REITs, and the peak market value of custody assets was nearly 7.8 billion yuan.
On the other hand, YueKai securities is also relying on regional resources to deeply cultivate Dawan district. Compared with its peers who have taken the lead, the development route of YueKai securities is clear and pragmatic - based on the enterprises in the Development Zone, Guangzhou and Dawan District, combined with regional resources, focusing on regional advantages, selecting several advantageous tracks in strategic emerging industries, so as to provide high-quality services for small and medium-sized scientific and innovative enterprises to make better use of the capital market and make deep, specialized and excellent in subdivided fields, Realize the development mode different from large comprehensive securities companies.
Recently, focusing on the completed M & a project of a listed new energy company, YueKai securities also provided multi angle comprehensive financial services in terms of investment bank financial advisers. "Compared with the head securities companies, the services of small and medium-sized securities companies need to be reflected in the aspects of professionalism + dedication + intention, so as to truly serve customers and create value through services." The relevant person in charge of YueKai securities investment bank said.
three investment closed-loop link industry circle of friends
In the past two years, the strategy of "three investment synergy engine" of YueKai securities has taken shape. The core is to drive investment research and investment banking with investment, deepen the depth and accuracy of investment with investment research, and provide value-added services with investment behavior investment; Through the organic combination and deep integration of the investment project experience, the think tank role of investment research and the service ability of investment banks, we will focus on the specialized, special and new industries, biomedicine, new energy and high-end equipment that meet the major national strategic direction and have the basis of local advantageous industries, so as to continuously improve the service level, participate in the whole cycle and serve the growth of customers.
Therefore, according to the market changes, YueKai securities focuses on optimizing the equity investment logic, creating a pre enabling investment mode, building a two wheel drive mode of infrastructure Equity Fund (pre REITs Fund) + Industrial Science and technology equity fund, planning to jointly establish infrastructure pre REITs fund and industrial science and technology equity fund in different scenarios with a number of industrial central enterprises, and realize the mutual empowerment of infrastructure investment field and industrial science and technology equity field. Build a deep circle of friends in the industrial chain, constantly broaden the moat of industries with core competitiveness, and form win-win cooperation with leading institutions in the financial industry.
In terms of cooperation between investment banking and investment research, the research institute provides a solid research foundation for investment banks to carry out green finance business by timely and in-depth interpretation of relevant policies on green finance, covering major industries involved in green finance in bank research, and paying attention to the high-quality concept of green finance in companies, and providing green finance research increment through a top-down research system. For example, in June and September 2021, the green bonds (corporate bonds) of Nantong urban construction Group Co., Ltd. underwritten by the company as the joint lead underwriter were successfully issued, with a total issuance amount of 2.8 billion yuan.
After the introduction of the policy of the Beijing stock exchange, the research institute also carried out in-depth research to provide support for investment banking business through relevant research reports and special reports, especially focusing on specialized and special new enterprises, and the number of specialized and special new listed enterprises in Guangdong Province is also the leading in China. In this context, the research institute has completed in-depth feasibility study reports on many projects such as Xiaopeng automobile and Everdisplay Optronics (Shanghai) Co.Ltd(688538) to help enterprises achieve rapid development in financing, and assisted investment banks to successfully complete characteristic projects such as "small amount fast" fixed increase of the first order of the gem registration system.
"Facing the new stage, new changes and new requirements of the capital market, the securities industry has also ushered in new development opportunities. The securities industry will further integrate with the national development strategy." Luo Zhiheng, President and chief economist of YueKai Securities Research Institute, said. In his opinion, the research institute should be based on high-quality research and realize the integration and unity of the triple values of "serving the overall situation of the country, promoting social progress and helping the development of the company".
It is reported that in terms of serving the overall situation of the country and promoting social progress, the Institute maintains close communication with government departments, actively puts forward suggestions and suggestions, guides social expectations, and helps the high-quality development of capital market and regional economy. Among them, "Research on the contribution of securities industry to regional economic development -- Taking Guangdong, Hong Kong and Macao Dawan district as an example" was selected as the key topic of the Securities Association; Undertake the national stock transfer system project "South China new third board market in-depth research report", and the research results have been highly recognized by relevant leaders; Jointly studied the practice and path of Guangdong finance helping rural revitalization with the development research center of Guangdong provincial government, which was approved by the then leader of Guangdong provincial Party committee.
science and technology enables to accelerate the transformation of wealth management
In May 2021, YueKai Securities Beijing business center was officially relocated to million manor in Xicheng District of the capital, completing the transformation and upgrading. In August 2021, YueKai Securities Shanghai business center was officially established in Shanghai Lujiazui Finance & Trade Zone Development Co.Ltd(600663) international global financial center. In November 2021, YueKai securities Guangdong business center was officially inaugurated and opened in Tianhuan square, CBD, Zhujiang New Town, Guangzhou. It is expected that in 2022, YueKai securities Shenzhen Branch will be relocated to Futian core CBD business district and upgraded to a regional business center. At that time, the layout of the four business centers of YueKai securities "north, Shanghai, Guangzhou and Shenzhen" will be completed.
According to the plan, YueKai securities plans to build five flagship centers to realize the overall upgrading from point to area. At the same time, we have set up four regional incentive mechanisms for Guangdong and Guangzhou branches, and fully authorized them in terms of personnel. After the two branches in Beijing and Shanghai are upgraded to the business centers of YueKai securities in the north and Jiangsu, Zhejiang and Shanghai, they will play the function of super first tier cities and serve Guangkai holdings, the company and its branches in the next 1-3 years. In addition, some flagship business departments will complete the preparation for the construction of private wealth centers and establish a "1 + n" service model to provide customized services for enterprises and high net worth customers.
Taking Guangdong business center as an example, its business model mainly focuses on four aspects: "investment" focuses on strategic industries, cooperates with Guangkai holding's internal investment platform, and focuses on serving enterprises in the development zone; "Investment research" carries out in-depth investment research around Guangkai holdings and key investment directions in the region; "Investment advisers" sell high-quality financial products and improve customers' wealth management ability; The "investment bank" focuses on the enterprises to be listed in the region and provides refinancing and value management services for the listed companies in the region. As the business representative of Guangdong business center, Huadu Branch aims to build a top soldier in the securities industry in the north of Dawan district. It achieved profits in the year of opening, added 1 billion assets in half a year, exceeded 10000 customers and exceeded hundreds of millions of product sales.
In addition to continuously improving the offline layout, YueKai securities is also building a new model of "o2o + wealth". Including building an internal technology development team to support customers' hierarchical services through digital tools such as artificial intelligence, big data and cloud computing; Improve the professional soft power of investment advisers, meet the customized needs of customers and build professional brands; And improve the development and service of high net worth customers, coordinate the docking of special resources, and cover the personalized needs of high net worth customers.
Wang Jian, chief information officer of YueKai securities, said that the company takes financial technology as one of the core driving forces in the next development cycle and will gradually increase investment in financial technology. At the same time, apply advanced technologies such as cloud computing, big data and artificial intelligence to the construction of the company's business and management system, improve the science and technology base, and lead the intelligent development of business and management. It is understood that YueKai securities expects the growth rate of IT investment to exceed 32% in 2022, and the proportion of IT investment in its revenue has also remained at about 10% since 2020.
optimize the capital increase plan to accelerate the achievement of the goal
Having settled in Guangzhou for two years, YueKai securities is making unremitting efforts on the way of capital increase and listing.
Over the past year, great changes have taken place in China's capital market. Compared with the release of the fixed growth plan by YueKai securities in 2021, affected by multiple factors such as repeated epidemics and geographical conflicts, China's economic growth has slowed down, expectations have weakened, the prosperity of the capital market has decreased, the market index has declined sharply, and the financing activity of the capital market has decreased, resulting in great uncertainty in the implementation of the original fixed growth plan.
In this context, on May 17, after the deliberation and approval of the board of directors, YueKai securities took the initiative to adjust the fixed increase plan, terminate the original administrative license application for private placement, and plans to replace the original plan with the optimized fixed increase plan for re application, so as to achieve the annual capital and share increase goal as soon as possible. "By 2023, the increase of funds is expected to help the rapid take-off of YueKai securities, and then accelerate the goal of IPO." Despite the difficulties of the capital increase plan, YueKai securities is still confident in the above objectives.
New journey, new mission and new responsibility. In the next three years, the members of the new board of directors and the board of supervisors will forge ahead with the management of the company to jointly create YueKai securities with first-class boutique characteristics.
