Xi Venture Capital and Minsheng Securities Business Exchange Conference Successfully Held

　　On June 17th, Xichuang Capital and Minsheng Securities successfully held a business exchange meeting in Shanghai. The meeting aimed to fully leverage the advantages of both shareholders, Guolian Group, further strengthen business collaboration, solidly promote investment, investment banking, and research work, and help promote the high-quality development of Wuxi's industry.

　　At the meeting, Wang Xuechun, Vice President of Minsheng Securities and President of the Investment Banking Division, shared the latest overview of the capital market and Minsheng Securities' development strategy, with a focus on introducing Minsheng Securities' "investment banking+research+investment" strategic model, promoting the professionalization of investment banking, building a high-quality talent team, and providing comprehensive and integrated financial services across the entire industry chain through professional grouping in key industries such as biomedicine, semiconductors, aerospace, artificial intelligence and big data, advanced manufacturing, and new energy.

　　Wang Zhixing, President of Xicheng Venture Capital, shared the current development status and future plans of Xicheng Venture Capital, focusing on its investment layout in strategic investment, biopharmaceuticals, big health industry, integrated circuits, advanced manufacturing, dual carbon energy conservation, angel investment, capital markets and other industries and fields. He also expressed his expectation for deeper cooperation with Minsheng Securities to jointly serve the local economic development of Wuxi.

　　In the team communication session, both teams had a thorough discussion on the cooperation projects, potential cooperation projects, and potential resources that could be connected. They also had in-depth discussions on topics such as product innovation, service innovation, information sharing, industry investment, and industry attraction.

　　At the end of the meeting, Gu Wei, President of Guolian Group and Chairman of Minsheng Securities, put forward four expectations for the next steps of work for both parties:

　　One is to enhance collaborative awareness. Recognizing the necessity and importance of collaboration, in the current market environment, both parties need to work closely together to address challenges such as IPO tightening, difficulty in exiting, and lack of high-quality projects;

The second is to combine the advantages of both parties. In addition to sharing project sources, Xi Venture Capital can deepen cooperation with Minsheng Securities in listing mergers and acquisitions, and attracting major industrial projects; Minsheng Securities can complement Xichuang Capital in areas such as venture capital, fund resources, and listed company services;

　　Thirdly, establish a communication mechanism. Designate departments and dedicated personnel to strengthen information sharing, establish mechanisms, and ensure that both parties are informed of cooperation opportunities, project progress, market changes, and policy information in a timely manner;

　　Fourthly, strictly adhere to the bottom line of risk. In the current complex and ever-changing market environment, both parties are taking risk prevention and compliance measures in their respective business development and collaborative processes.