Nanhua Futures meets all risk management targets for 2025, with net capital exceeding 2.7 billion yuan.

Nanhua Futures Co., Ltd. (Securities code: 603093; Securities abbreviation: Nanhua Futures) released a special report on 2025 annual risk supervision indicators on March 28, 2025. The report shows that all risk supervision indicators of the company’s parent as of December 31, 2025 met the relevant standards set out in the China Securities Regulatory Commission’s Measures for the Administration of Risk Supervision Indicators for Futures Companies (CSRC Order No. 202) and other applicable provisions.

The report points out that as a futures company engaged in futures brokerage and asset management businesses, Nanhua Futures’ parent company conducted a special assessment of key regulatory indicators, including net capital, the ratio of net capital to the total amount of risk capital preparation, the ratio of net capital to net assets, the ratio of current assets to current liabilities, the ratio of liabilities to net assets, and the lowest settlement reserve, among others.

Risk supervision indicators
Regulatory standard
Early warning standard
Company data at end of 2025
Compliance status
Net capital
≥30.00 million yuan
≥36.00 million yuan
274,425.68 million yuan
Meets the standard
Net capital / total amount of risk capital preparation
≥100%
≥120%
240%
Meets the standard
Net capital / net assets
≥20%
≥24%
65%
Meets the standard
Current assets (excluding client equity) / current liabilities (excluding client equity)
≥100%
≥120%
696%
Meets the standard
Liabilities (excluding client equity) / net assets
≤150%
≤120%
23%
Meets the standard
Settlement reserve balance
≥26.80 million yuan
  • | 60,147.41 million yuan | Meets the standard |

Judging from the specific indicators, as of December 31, 2025, the company’s net capital was RMB 2.7444 billion, far exceeding the regulatory requirement of RMB 30.00 million and the early warning threshold of RMB 36.00 million. The ratio of net capital to the total amount of risk capital preparation was 240%, significantly higher than the regulatory standard of 100% and the early warning standard of 120%. The ratio of net capital to net assets reached 65%. The ratio of current assets to current liabilities was as high as 696%, while the ratio of liabilities to net assets was only 23%. The settlement reserve balance was RMB 601.47 million. All indicators were far better than regulatory requirements, indicating that the company’s financial position is sound and its risk control capabilities are strong.

The board of directors of the company and all its directors guarantee that this announcement contains no false statements, misleading statements, or material omissions, and they assume legal responsibility for the authenticity, accuracy, and completeness of its contents.

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