HTSC(SH:601688) Xin Lang Cai Jing·2025-12-02 12:05Core Viewpoint - Huatai Securities announced the appointment of Zhou Arli as the new general manager of its wholly-owned subsidiary, Huatai Futures, during the eighth meeting of the sixth board of directors, while Zhao Changtao will no longer serve as the general manager [1][2]. Company Overview - Huatai Futures was established on March 28, 1994, and is a wholly-owned subsidiary of Huatai Securities with a registered capital of 3.939 billion yuan. Its main business includes commodity futures brokerage, financial futures brokerage, futures investment consulting, asset management, and fund sales [1][2]. - Huatai Futures is one of the first futures companies established in China and was among the first to obtain pilot business innovation in investment consulting, asset management, and risk management [1][2]. Membership and Network - The company is a member of several exchanges, including the Shanghai Futures Exchange, Zhengzhou Commodity Exchange, Dalian Commodity Exchange, Shanghai International Energy Exchange, and Guangzhou Futures Exchange. It is also a comprehensive settlement member of the China Financial Futures Exchange and a council member of the China Futures Association [1][2]. - Huatai Futures has established nine branches in major cities such as Beijing, Shanghai, Shenzhen, Guangzhou, Chengdu, Dalian, Zhengzhou, Hangzhou, and Nanjing, along with 42 business offices. It leverages Huatai Securities' extensive network of over 200 business outlets nationwide to form a comprehensive service network [3]. Subsidiaries - The company has set up six wholly-owned subsidiaries, including Huatai Great Wall Capital Management Co., Ltd., Huatai Great Wall Investment Management Co., Ltd., Huatai Great Wall International Trade Co., Ltd., Huatai Capital Management (Hong Kong) Co., Ltd., Huatai (Hong Kong) Futures Co., Ltd., and Huatai Financial USA [3].