entity Updated 2026-07-24 Tags: Company, Securities, Research, China

民生证券 / Minsheng Securities

民生证券 appears in Vol.112 一次非共识的2024反思和2025展望 | 对话蓝小康X牟一凌 as the strategy-research institution associated with [[MouYiling|牟一凌]]. The source does not profile the firm directly; it uses Mou’s strategy-chief role to frame A-share style changes, production-price divergence, consumer policy, and external-demand possibilities for 2025.

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