Group 1 - The launch of platinum and palladium futures contracts on the Guangzhou Futures Exchange marks a significant milestone for China's futures market, providing essential risk management tools for the industry [1] - The introduction of these futures contracts addresses the gap in risk management tools for platinum and palladium in the domestic market, offering transparent price references and hedging options for enterprises [1] - The first day of trading saw Zhejiang Merchants Futures successfully execute the first OTC option transaction for platinum, enhancing the risk management toolbox for companies [1] Group 2 - Shenzhen Haiguan Cultural Development Co., Ltd. focuses on the entire supply chain of precious metals, including research, design, production, and sales, with an annual trade volume of approximately 300 to 400 million RMB [2] - The company has been facing significant profit volatility due to price fluctuations in platinum and has been anticipating the launch of corresponding futures products to mitigate this risk [2] - The company aims to become a comprehensive service provider in the precious metals and jewelry industry, with a focus on customer needs across various segments [2] Group 3 - Prior to the launch of platinum and palladium futures, Zhejiang Merchants Futures identified the need for companies to lock in platinum procurement costs to avoid risks associated with price surges [3] - The designed strategy involves purchasing call options for platinum, allowing companies to secure the right to buy at a predetermined price while minimizing potential losses [3] - This strategy provides a "price insurance" function, enabling companies to hedge against price increases while retaining the opportunity to benefit from price decreases [3] Group 4 - The listing of platinum and palladium futures is a crucial step in supporting the modernization of the industrial system in China and contributes to the global precious metals market [4] - As the futures market matures, its functionalities will deepen, and Zhejiang Merchants Futures plans to continue developing customized solutions to empower the real economy [4] - The company aims to support China's manufacturing sector in maintaining a competitive edge globally through precise services [4]