MMTEC(US:MTC) Jin Rong Jie·2025-08-19 13:49Core Viewpoint - Haichuan Securities (MTC) has shown significant revenue growth but has reported a substantial net loss, indicating potential challenges in profitability despite operational expansion [1]. Financial Performance - As of December 31, 2024, Haichuan Securities reported total revenue of $1.8683 million, representing a year-on-year increase of 114.77% [1]. - The company recorded a net loss attributable to shareholders of $91.1683 million, which is a year-on-year decrease of 300.36% [1]. Company Overview - Haichuan Securities is an offshore holding company registered abroad, operating through domestic subsidiaries [1]. - It is the first securities financial institution from mainland China to be listed in the United States [1]. - The company offers a comprehensive range of financial services, including asset management, institutional brokerage, investment banking, and investment advisory, supported by a professional team with localized and cross-market capabilities [1].