Nanhua Futures(SH:603093) Zheng Quan Zhi Xing·2025-08-08 09:19Overview - The company announced a capital reduction of its wholly-owned subsidiary, Zhejiang Nanhua Capital Management Co., Ltd., reducing its registered capital from RMB 700 million to RMB 600 million [1][2]. Capital Reduction Details - The capital reduction amount is RMB 100 million, aimed at optimizing the capital structure and resource allocation of Nanhua Capital [1][3]. - The shareholding structure of Nanhua Capital will remain unchanged post-reduction, with Nanhua Futures holding 100% of the shares [2][3]. Company Background - Zhejiang Nanhua Capital Management Co., Ltd. is a limited liability company established on May 20, 2013, with a registered capital of RMB 700 million before the reduction [2]. - The company operates in various sectors, including import and export of goods, technology import and export, and sales of food and automotive parts, among others [2]. Financial Performance - As of March 31, 2025, Nanhua Capital reported total assets of RMB 1.77 billion and net assets of RMB 723.77 million, with a revenue of RMB 277.81 million and a net loss of RMB 909,700 for the first quarter of 2025 [3][4]. Impact of Capital Reduction - The capital reduction is expected to enhance the company's resource allocation and aligns with the long-term development goals and shareholder interests [3][4]. - The reduction will not affect the company's consolidated financial statements or its normal operations [4].