Cheng Long, Chief Information Officer of CITIC Securities: Big models provide new engines and new opportunities for the restructuring of the securities industry paradigm.

On September 24th, the "2025 China Securities Industry Digital Practice Summit Forum" organized by Securities Times was grandly held in Beijing. Cheng Long, Chief Information Officer of CITIC Securities, gave a keynote speech on "AI Reconstructing the Competitive Paradigm and Value Creation of the Securities Industry." He stated that large models provide a new engine and new opportunities for reconstructing the paradigm of the securities industry. The financial industry is a knowledge-intensive and highly specialized field, and traditional IT systems based on databases are used for mining the value of explicit knowledge based on structured data. However, it is difficult to utilize large amounts of unstructured data both internally and externally in enterprises. Large models, as a revolutionary new technology, transform and precipitate the professional know-how and experience of humans, thereby activating the use of all digital assets of the enterprise.