From 'Domestic Foundation' to 'Overseas Breakthrough': The Globalization Strategy Behind Nanhua Futures' Explosive Performance

On April 20, Nanhua Futures released its Q1 2026 earnings report. Data showed that Nanhua Futures achieved revenue of 433 million yuan in the first quarter, a year-on-year increase of 60.66%; net profit reached 205 million yuan, a substantial year-on-year growth of 138.82%, with a weighted average return on net assets reaching 3.6%. In other words, Nanhua Futures realized rapid growth in both revenue and profitability during the period.

Nanhua Futures, founded in 1996, is a leading comprehensive futures and derivatives service provider in China, covering businesses such as futures brokerage, asset management, risk management, and overseas financial services, committed to offering customers professional, globalized one-stop risk management solutions.

Amid escalating geopolitical competition, profound restructuring of global supply chains, and heightened volatility in capital markets, the strategic importance of commodities has become increasingly prominent. As an essential platform for risk management, the futures market helps real economy enterprises lock in costs and hedge risks, turning market uncertainties into manageable operating metrics. Dongwu Securities noted that in Q1 2026, activity in China's domestic futures market significantly increased, with total trading volume reaching 2.601 billion contracts and a total transaction value of 256.71 trillion yuan, representing year-on-year increases of 40.64% and 58.43%, respectively. In the first two months of 2026, the overall revenue of futures companies reached 8 billion yuan, a year-on-year increase of 50.8%, with total net profits amounting to 2.76 billion yuan, up by 159.4% year-on-year.

Facing structural changes in the market, Nanhua Futures seized the opportunity by leveraging its investment research pricing and product design capabilities to help real economy enterprises and institutional investors effectively utilize derivative tools for hedging risks and seizing opportunities, promoting both business activity and per-customer value.

In terms of business layout, Nanhua Futures continues to solidify its domestic foundational operations. Leveraging local resource advantages and professional service expertise, the company constantly optimizes its business structure. On one hand, it deepens cooperation with financial institutions such as private equity, insurance, and securities firms, while continuously expanding its corporate client base. On the other hand, it intensifies services for listed companies and industry-leading enterprises by enhancing customer loyalty through comprehensive financial services like delivery and hedging.

Moreover, Nanhua Futures actively promotes the implementation of innovative businesses such as basis trading, over-the-counter derivatives, and market-making operations. Through meticulous management, the company addresses industry challenges brought by low-interest-rate environments and regulatory adjustments, achieving efficient synergy and combined growth across brokerage, risk management, and wealth management business lines.

Nanhua Futures has long adhered to a deeply internationalized development strategy. During the reporting period, the company accelerated global network collaboration and product adaptation, significantly strengthening customer coverage and business penetration in European and North American markets. Its overseas subsidiaries have continuously improved their operational capabilities within local regulatory frameworks. Currently, Nanhua Futures has established branches in major global financial hubs such as the United States, the United Kingdom, Singapore, and Hong Kong.

In recent years, with China's futures market embracing high-level opening-up, participation from foreign traders has steadily increased. According to Xingye Securities, as of the end of March 2026, client equity of foreign traders in China exceeded 50 billion yuan, marking a 99% increase from the end of 2025, reaching a new historical high. Nanhua Futures is the Chinese futures company with the most comprehensive global clearing network and holds the largest number of mainstream futures exchange clearing licenses, reinforcing its competitive advantage. This indicates that the international market will become one of Nanhua Futures' key growth drivers.

Globally, the interplay of capital market volatility and geopolitical risks is reshaping the strategic pricing power of commodities, presenting a historic window of opportunity for risk management firms with a global perspective. The explosive growth of Nanhua Futures in the first quarter essentially reflects the inevitable logic of its long-term commitment to the strategy of 'strengthening foundations domestically and achieving breakthroughs internationally.'

'The Q1 results validate the effectiveness of our dual-driven model focused on both domestic and international growth,' said a representative of Nanhua Futures. 'Looking ahead, the company will firmly adhere to its deeply internationalized strategic direction. While reinforcing its domestic core business, it will further allocate resources and strategic investments toward overseas regions with competitive advantages, striving to build itself into a world-class financial derivatives service provider with global competitiveness.'

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