Nanhua Futures(SH:603093) Xin Lang Cai Jing·2025-12-25 03:44Group 1: Company Overview - Nanhua Futures Co., Ltd. successfully listed on the Hong Kong capital market on December 22, enhancing its international strategy and business innovation [1] - The company aims to allocate all net proceeds from the global offering to strengthen the capital base of its overseas subsidiaries, facilitating the expansion of its international business [1] - Nanhua Futures is ranked eighth among all domestic futures companies by total revenue for 2024 and first among non-financial institution-related futures companies, highlighting its industry leadership [2] Group 2: Business Performance - The company has established a diversified business system including futures brokerage, risk management services, wealth management, and overseas financial services [2] - The domestic futures brokerage business has shown a 65.4% growth in client equity from the end of 2022 to the end of 2024, reaching 31.6 billion yuan, providing stable business support [2] - The overseas business has become a significant growth engine, with client equity in overseas futures, securities, and leveraged forex brokerage services reaching 17.8 billion HKD, a 49.6% increase from the end of 2022 [2] Group 3: Financial Performance - From 2022 to 2024, the company's operating income increased from 954 million yuan to 1.355 billion yuan, while profit rose from 246 million yuan to 458 million yuan, indicating strong profitability [3] - In the first half of 2025, the company achieved an operating income of 593 million yuan and a net profit of 231 million yuan, with a net profit margin of 39% [3] - The dual listing aligns with the strategic upgrade and high-quality transformation of the futures industry, which is experiencing increased demand for comprehensive risk management solutions [3]