Shenwan Hongyuan's Zhang Jian: Seizing New Opportunities in Sci-Tech Finance and Fulfilling New Missions in Financial Services

Deep News12-05

On December 4, at the closing ceremony of the 19th Shanghai Financial Services Real Economy Fair and the 3rd Sci-Tech Finance Conference, Zhang Jian, Executive Vice Chairman of the Shanghai Financial Association and Vice Chairman and General Manager of Shenwan Hongyuan Securities, delivered a keynote speech titled "Seizing New Opportunities in Sci-Tech Finance and Exploring New Paths to Serve the Real Economy." He stated that Shenwan Hongyuan will fully integrate into the broader context of building a financial powerhouse by serving the real economy, contributing to the high-quality development of Shanghai as both an international financial hub and a sci-tech innovation center.

Zhang Jian emphasized that the development of Shanghai as an international financial center and a sci-tech innovation hub is a national strategic priority. As one of the organizers of the Financial Services Fair, Shenwan Hongyuan will continue to enhance its functional role, leveraging this platform to strengthen collaboration with various stakeholders and support the high-quality construction of the "dual centers."

**Deepening Three Functional Roles to Strengthen the Foundation for Serving the Real Economy** Shenwan Hongyuan has undertaken three key initiatives to serve the real economy through its functional roles. First, it acts as a "service provider" for direct financing, aligning resources with Shanghai's industrial planning to channel financial support into the sci-tech sector. The company also pioneered an evaluation system for listed companies' value management. Second, it serves as a "gatekeeper" of the capital markets, maintaining the highest industry ratings for its investment banking business by prioritizing "sci-tech content" as a core evaluation metric. Third, it strengthens its role as a "manager" of social wealth, driving the transformation toward buyer-driven investment advisory services. Zhang Jian highlighted that, as a financial institution majority-owned by Central Huijin, Shenwan Hongyuan actively provides policy recommendations, with several key reports adopted by central decision-making bodies, fulfilling its responsibility to maintain market stability.

**Advancing High-Quality Business Transformation Through "Five Key Themes"** Aligned with the "Five Key Themes" outlined at the Central Financial Work Conference, Shenwan Hongyuan has achieved significant innovations and milestones. In sci-tech finance, the company has facilitated the listing of multiple national-level "little giant" enterprises, supported follow-on financing for pioneering STAR Market firms like Anji Technology, and invested in Westwell Holdings to expand its global smart port business. In green finance, it focused on green industry development, assisting local companies in issuing green bonds and executing the market's first carbon reduction index-linked swap. For inclusive finance, it led in NEEQ and Beijing Stock Exchange transactions, providing funding to SMEs through asset-backed plans. In pension finance, it expanded product offerings, launching over 200 personal pension fund products. In digital finance, it deepened integration of business and technology, successfully completing a CSRC fintech project and winning multiple awards in financial technology.

**Serving Opening-Up and Building a New Cross-Border Financial Ecosystem** Zhang Jian noted that the company actively supports high-level opening-up. It assists sci-tech firms in overseas financing through innovative offshore bond issuances, aids domestic industry leaders in global expansion, and provides comprehensive services to over 1,000 overseas institutions. As one of the first brokers to offer cross-border wealth management products under the "Wealth Management Connect" scheme, Shenwan Hongyuan also provides long-term financial services to sovereign wealth funds in Belt and Road countries.

**Future Outlook: Deepening Collaboration to Empower the Sci-Tech Ecosystem** Looking ahead, Zhang Jian outlined three focus areas for Shenwan Hongyuan: First, deepening regular cooperation with Shanghai's sci-tech parks and industrial platforms to build a system where industry and capital work in synergy, directing more long-term and patient capital to sci-tech enterprises. Second, optimizing its integrated financial services model by creating a "research + investment + investment banking" ecosystem, shifting from traditional "financing intermediary" to "value partner" in investment banking. Third, continuing to promote high-level opening-up through innovative cross-border services, supporting companies in "bringing in" and "going global," and elevating Shanghai's international financial center status.

In closing, Zhang Jian expressed his hope to collaborate with peers in Shanghai's financial sector to write a new chapter in high-quality financial services for the real economy.

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