From October 16 to 18, the 2025 Sustainable Global Leaders Conference is being held at the Shanghai World Expo Park. Wang Sheng, chairman of 中國銀河CGS, was invited to attend the conference and deliver a keynote speech.

Wang Sheng stated that focusing on the "five major articles" of tech finance, green finance, inclusive finance, pension finance, and digital finance is crucial for promoting high-quality development and serving the real economy.

Tech Finance: Cultivating "Patient Capital" and Strengthening the Foundation of Innovation Wang emphasized that innovation is the primary driving force for development. The Sci-Tech Innovation Board, Growth Enterprise Market, and Beijing Stock Exchange provide precise financing support for tech enterprises at various stages of development. Notably, this year, the development of tech finance has progressed further with the establishment of a technology board in the bond market. The capital market has become the core force supporting the development of tech enterprises with its comprehensive service capabilities.

In the past three years, 中國銀河證券China Galaxy Securities Co., Ltd. has underwritten nearly 100 billion yuan in tech finance, with an investment balance exceeding 26 billion yuan. Among them, 29 invested enterprises have been recognized on the national-level "Specialized, Fine, Special, and New" small giant list. Last year, it ranked among the top in the industry for significant asset restructuring transactions for tech enterprises. This year, the firm successfully underwrote the country’s first batch of private venture capital tech bonds.

Green Finance: Practicing ESG Concepts to Define Development "Green development is the foundational color of high-quality financial growth," Wang emphasized. Since the 18th National Congress, the country has coordinated high-quality development and high-level protection, adhering firmly to an eco-priority and intensive green low-carbon high-quality development path. According to the Energy Transition Index released by the World Economic Forum in June this year, China's ranking has risen to 12th place, and the average annual growth rate of green loans during the 14th Five-Year Plan exceeds 20%, making China's green loan scale the largest globally.

銀河證券Galaxy Securities has built an early layout in the ESG and "dual carbon" fields, establishing an international ESG research center and creating an independent rating system. The company has achieved remarkable results in green financial innovation, underwriting the world's first green bond certified by "drone + carbon satellite," and assisting in the issuance of 2 billion USD in multi-currency "Belt and Road" thematic green bonds.

Inclusive Finance: Serving Small Businesses and Agriculture, Upholding the Era's Mission Inclusive finance is the financial service responsibility to promote real economic development and common prosperity. During the 14th Five-Year Plan period, China saw an average annual growth rate of over 20% in inclusive microcredit, with the balance reaching 36 trillion yuan.

Wang disclosed that in the past three years, 銀河證券Galaxy Securities has underwritten over 50 billion yuan in inclusive finance-related bonds, with an investment balance nearing 40 billion yuan and a related product scale of about 180 billion yuan. The company also created the market's first inclusive agricultural ABS combined with credit protection certificates and provided hedging services to 3,000 small and micro enterprises, with transaction sizes nearing 250 billion yuan.

Pension Finance and Digital Finance: Positioning for Future Markets and Leading Industry Innovation On pension finance, Wang noted that last year, the average life expectancy in China reached 79 years, with the current reserves for commercial pensions and health insurance reaching 11 trillion yuan. Long-term care insurance now covers over 180 million individuals. 銀河證券Galaxy Securities has established the "Galaxy Star Safe Nursing" comprehensive service brand, and the cumulative number of individual pension accounts opened has surpassed 200,000, ranking fourth in the industry.

Regarding digital finance, Wang described it as a vital engine for adapting to the digital economy. At the end of last year, the People's Bank of China and seven other ministries issued the "Action Plan for Promoting High-Quality Development of Digital Finance," which aims to construct a financial system that highly adapts to digital economic development by 2027. 銀河證券Galaxy Securities is committed to becoming a benchmark for digital finance innovation, having issued the country's first fully-process digital yuan bond, developed the management implementation rules for digital financial business, and led the drafting of commercial password application guidelines for the securities industry to support industry standardization and practical implementation. Simultaneously, the company has fully launched DeepSeek's full-sized version, empowering business development with AI technology.