Core Viewpoint - The introduction of 3-year and 7-year standard bond forward contracts by the China Foreign Exchange Trading Center and Shanghai Clearing House aims to enhance the development of the standard bond forward market, facilitate price discovery, and meet the diverse needs of market participants [1] Group 1 - The new products will strengthen the linkage between spot and futures markets, allowing investors to manage risks more precisely and expand trading strategies [1] - Shenwan Hongyuan actively participated in the standard bond forward business, being one of the most active trading institutions in the market [1] - On the first day of the new products' launch, Shenwan Hongyuan successfully completed transactions for both the 3-year and 7-year standard bond forward contracts, further expanding the trading targets in the interbank interest rate derivatives market [1] Group 2 - Shenwan Hongyuan is committed to deepening its business in the domestic bond and derivatives market, maintaining a leading position in standard bond forwards and interest rate options [1] - The company will continue to support the innovative development of domestic derivatives business and seize opportunities during the market innovation transformation period [1] - This support aims to contribute to the robust development of the interest rate derivatives market and enhance financial services for the real economy [1]