COFCO CAPITAL(SZ:002423)2022-11-21 15:38Group 1: Business Performance - COFCO Futures has maintained high-quality development with a compound annual growth rate (CAGR) of 80% in operating revenue from 2018 to 2021 [1] - In the first three quarters of 2021, COFCO Futures achieved operating revenue of 6.7 billion yuan and a net profit of 238 million yuan, representing year-on-year growth of 406% and 36% respectively [1] - The company has received multiple awards, including "Best Futures Company in China" and "Gold Medal Management Team" [1] Group 2: Client Services and Risk Management - Since 2016, COFCO Futures has served over 3,600 industrial clients and facilitated transactions totaling 7.91 trillion yuan, helping clients mitigate price volatility risks [2] - The company has led and participated in 74 "Insurance + Futures" projects, covering 17 major agricultural provinces and cities, protecting over 47,000 tons of physical goods valued at nearly 1.4 billion yuan [2] - COFCO Futures aims to enhance risk management capabilities to support small and medium-sized enterprises (SMEs) in managing raw material price fluctuations [3] Group 3: Future Strategic Direction - During the "14th Five-Year Plan" period, COFCO Futures will focus on building a business model centered on brokerage services, supported by risk management and wealth management [3] - The company plans to stabilize its core brokerage business while expanding risk management and wealth management services [4] - COFCO Futures aims to develop a comprehensive service network to assist large enterprises in resource interconnection [4]