In recent years, China has continuously emphasized the goal of common prosperity for all its people and called on all walks of life to actively contribute. In this context, the financial industry, as an important part of the national economy, plays a key role. As an important part of the domestic financial system, as well as a participant and builder of the high-quality development of the national financial system, CITIC Wealth Management has always adhered to the overall situation of financial services for the real economy, put the implementation of national strategies and common prosperity in the first place, actively responded to the call of the country, and contributed to the prosperity and stability of society with financial strength.
At the beginning of its establishment, CITIC Wealth Management took the lead in launching the "Lighthouse Plan" and formulating the implementation plan for ten strategic topics: common prosperity, regional strategy, rural revitalization, specialization, refinement, special innovation, green finance, pension finance, inclusive finance, digital finance, science and technology innovation finance, and open finance.
The "Warm Kids" series of charity financial management products are a good example. The first batch of "Warm Children's Bank" products, "CNCBI Wealth Management Anyingxiang Fixed Income Stable Profit Warm Tongxing One-Year Closed-end No. 1 Net Worth Wealth Management Product" and "CNCBI Wealth Management Anyingxiang Fixed Income Stable Profit Warm Tongxing One-Year Closed-end No. 2 Net-worth Wealth Management Product" triggered a warm response from the market as soon as they were put on sale, and the cumulative funds raised exceeded 2 billion yuan during the 10-day fundraising period, which will be donated to the China Organ Transplantation Development Association and the China Birth Defects Intervention and Relief Association for children's medical care, education and health. These measures not only effectively meet the diversified needs of investors for wealth management products, but also give strong support to social welfare undertakings. Through charitable wealth management products, CITIC Wealth Management is committed to building a reasonable distribution pattern, increasing residents' property income, allowing ordinary people to share the dividends brought by national development, and making positive contributions to the realization of the goal of common prosperity.
CITIC Wealth Management's philanthropic financial practice has attracted great attention from local governments. Its advanced concepts and practical achievements have also been continuously developed and improved with the support of local leaders. For example, in 2022, at the "West Lake on Charity" Charity Forum in Zhejiang Province, CITIC Wealth Management's charitable financial management practice was highly recognized by Zhejiang Province and was written into the first proposal, which received all-round guidance and support from the financial regulatory authorities. This shows that CITIC Wealth Management not only has the strength and forward-looking vision of innovation in the financial field, but also has the ability and responsibility to exert its financial strength in promoting common prosperity of the society. Recently, in the "2023 Financial Value List (CFV)" event held by China Business Network, CITIC Wealth Management successfully won the 2023 CFV "Best Charity Financial Institution" award for its innovative practice of "Warm Children's Travel" charity financial management.
CITIC Wealth Management, as a subsidiary of CITIC Group, adheres to the original mission of "serving the real economy and contributing to common prosperity", and profoundly interprets the social responsibility of the financial industry. CITIC Group has always shouldered its social responsibilities, actively contributed to the society, and fulfilled its responsibilities for the country and society. In the future, CITIC Wealth Management will continue to deepen the layout of charitable finance, build a "charity + finance" platform, cooperate with more professional associations and financial institutions, innovate characteristic charitable wealth management products, add color to the customer service experience, and actively explore the path of capital donation to help strengthen the practice of social welfare.