Securities firms will receive frequent signals in their mid-term operational work, focusing on four key areas in the second half of the year.

Since July, various securities firms have successively held mid-year operating work conferences for 2025, analyzing and judging the internal and external situation, and studying and deploying work directions for the second half of the year. Many securities firms have stated that this year's operating tasks have exceeded expectations, and the first half of the year has delivered the best performance in recent years. When discussing key tasks for the second half of the year, "entrepreneurship" is a keyword mentioned by many securities firms, believing that they need to be enterprising and innovative. "Improving operational efficiency" is also a key point frequently mentioned by securities firms, emphasizing the importance of strengthening cost control and exploring business growth logic. In terms of business sectors, with the active trading in the A-share market, many securities firms have stated that wealth management needs to further transition towards a "buyer's mindset" and strengthen corresponding capabilities.