Core Viewpoint - The recent Central Economic Work Conference emphasized the importance of "seeking progress while maintaining stability" and "improving quality and efficiency," guiding the financial market to support high-quality development of the real economy [1] Group 1: Service to the Real Economy - The company focuses on serving the real economy as its foundational mission, implementing the "insurance + futures" model in agriculture with over 260 projects covering 24 provinces, involving 14 key agricultural products, and a total project amount exceeding 5.8 billion [2] - These projects have benefited over 560,000 farming households, providing price guarantees and contributing to the stability of primary product supply [2] - In the industrial sector, the company targets key industries like new energy and high-end manufacturing, offering personalized hedging solutions, with a 20% year-on-year increase in the number of clients served [2] Group 2: Reform and Innovation - The conference highlighted the need for reform and innovation to enhance development momentum, with the futures industry relying on product innovation and service upgrades [3] - The company actively engages in industry innovation, participating in the development of carbon emission rights and new energy materials derivatives, providing risk management tools for low-carbon transitions [3] - A comprehensive online and offline service system has been established, utilizing digital tools to lower the barriers for enterprises to participate in the futures market [3] Group 3: Risk Management - The company has built a comprehensive risk control system, emphasizing customer suitability management and strict regulatory compliance, with no major risk events reported throughout the year [4] - A monitoring system is in place to track abnormal trading behaviors, enhancing risk awareness among clients [4] - The company conducted over 350 investor education activities in 2025, reaching 120,000 investors, with 45% of activities focused on risk warnings for small and medium investors [4]