Nanhua Futures(603093) 证券时报· Zheng Quan Shi Bao·2025-05-27 17:55Core Viewpoint - The futures industry is playing a crucial role in risk management for the real economy and resource allocation, contributing to technological innovation, rural revitalization, and the construction of a modern industrial system [2][3]. Group 1: Industry Functions and Innovations - The futures industry serves as a "stabilizer" for industrial upgrades, helping enterprises manage risks associated with commodity price fluctuations and enhancing the resilience of industrial chains [2]. - China's hedging coverage rate for real enterprises is only 15%, significantly lower than the 60% level in developed countries, indicating substantial room for improvement [2]. - Continuous innovation in business models within the futures industry can assist more entities in utilizing risk management tools to stabilize costs and profits [2][3]. Group 2: Strategic Focus and Development - The company emphasizes technology finance, digital finance, and green finance as strategic development priorities, increasing R&D investment with notable results [3]. - As the first A-share listed futures company in China, the company has been innovating service models and product types to enhance risk management across procurement, sales, inventory, and funding processes [3][4]. - The company has pioneered the "insurance + futures" model to support rural revitalization, optimizing this model to create a new form of land management for farmers [3]. Group 3: AI and Technological Integration - The company is developing AI models to enhance internal applications, including employee assistance, product analysis, and knowledge base Q&A, achieving positive results in various aspects of futures analysis [5][6]. - Future plans include further research in report generation, intelligent data retrieval, process automation, intelligent customer service, and AI investment advisory [6]. - The company is committed to a dual-driven model of business and technological innovation, aiming to enhance financial technology and provide new momentum for industry transformation and economic development [5][6]. Group 4: Regulatory Environment and Future Directions - Recent regulatory guidelines emphasize the functional role of the futures market, and the company aims to enhance its service offerings across various business dimensions [6].