New stock news | Futures industry leader "A+H" layout accelerating! Nanhua Futures (603093.SH) files with Hong Kong Stock Exchange, overseas business revenue ranking first in the industry.

date
18/04/2025
avatar
GMT Eight
According to the disclosure of the Hong Kong Stock Exchange on April 17, Nanhua Futures Co., Ltd. (hereinafter referred to as Nanhua Futures) has submitted an application to list on the main board of the Hong Kong Stock Exchange, with CITIC SEC as its exclusive sponsor. It is reported that Nanhua Futures (603093.SH) has already been listed on the Shanghai Stock Exchange. The prospectus reveals that Nanhua Futures is a China-based financial services provider specializing in futures and derivatives. The company offers comprehensive and customized derivative and risk management services to industrial clients, financial institutions, and individual investors, and is committed to providing a more diversified wealth management service for investors in China and overseas. The company's main products and services include domestic futures brokerage, domestic risk management services, domestic wealth management, and overseas financial services. As of December 31, 2024, the client equity of the company's domestic futures brokerage business reached RMB 31.6 billion, an increase of 65.4% compared to December 31, 2022, with a compound annual growth rate of 1.9% in the Chinese futures industry. As of December 31, 2022, 2023, and 2024, the total client equity of the company's overseas futures, securities, and leveraged foreign exchange brokerage services were approximately HK$11.9 billion, HK$12.5 billion, and HK$13.8 billion respectively, while the company's overseas asset management business had AUM of approximately HK$2.0 billion, HK$2.3 billion, and HK$2.5 billion. According to a Frost & Sullivan report, based on total revenue in 2023, the company ranks 8th among all futures companies in China and 1st among all non-financial institution related futures companies; based on futures brokerage commission revenue in 2023, the company ranks 12th among all futures companies; based on overseas revenue in 2023, the company ranks 1st among all futures companies in China. In terms of technology, Nanhua Futures has established a strong, stable, and innovative IT infrastructure to enhance business operations, corporate governance, and risk management. The company uses innovative systems such as the fifth-generation NHTD trading system and the Ruihua risk management business risk control system for high-frequency monitoring and robust risk management. In addition, the company's global data center network includes more than 150 server cabinets to ensure efficient and secure trading. The company adopts a resilient data center architecture of "two locations and three centers" to enhance operational stability and network security. Financially, in 2022, 2023, and 2024, Nanhua Futures' operating income was approximately RMB 6.823 billion, RMB 6.247 billion, and RMB 5.712 billion respectively; during the same period, annual profits were approximately RMB 0.246 billion, RMB 0.403 billion, and RMB 0.458 billion.

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