Company Overview - Nanhua USA has gained trading membership on Nodal Exchange, becoming the first and only Chinese futures firm able to trade and clear related products listed on the exchange [1] - Nanhua USA is a subsidiary of Nanhua Futures, which provides comprehensive financial services including brokerage, asset management, and commodity trading [4] Market Position - Nodal Exchange holds a 56% share of the U.S. electricity futures market and offers over 1,000 location-specific contracts in North American power, natural gas, and environmental derivatives [2] - Nanhua Futures has established a full-license framework for multinational operations, covering memberships at 19 major global exchanges and clearing qualifications with 15 core clearinghouses [6] Financial Performance - From 2022 to 2024, Nanhua Futures' international business revenue grew at a compound annual growth rate of 68% [4] - As of June 2025, HGNH achieved client equity under overseas brokerage operations of HKD 17.8 billion [4] Service Capabilities - Nanhua Futures provides uninterrupted 24/7 services across key international financial hubs: Hong Kong, London, Chicago, and Singapore [5] - The company offers an integrated "trading plus clearing" solution in U.S. power and energy markets, enhancing capital efficiency for investors [2][3]