Nanhua Futures Lifts Procurement Caps on Connected Transactions With Controlling Shareholder

Nanhua Futures Co., Ltd. Class H ( (HK:2691) ) has issued an update.

Nanhua Futures Co., Ltd. has moved to significantly increase the annual caps on its procurement of goods and services from controlling shareholder Hengdian Holdings, citing rising demand driven by the group’s business expansion. Under a supplemental agreement dated March 27, 2026, the caps for 2026 and 2027 under an existing procurement framework will be raised from RMB1 million to RMB7 million each year.

The revised caps classify the dealings with Hengdian Holdings as continuing connected transactions under Hong Kong listing rules, with the highest percentage ratios exceeding 0.1% but remaining below 5%. As a result, the transactions are subject to reporting and announcement requirements but are exempt from independent shareholders’ approval, streamlining compliance while highlighting the growing scale of intra-group procurement activity.

More about Nanhua Futures Co., Ltd. Class H

Nanhua Futures Co., Ltd. is a PRC-incorporated joint stock company listed in Hong Kong and engaged in the futures and derivatives brokerage sector, operating through its Hong Kong subsidiaries. The group focuses on providing futures-related services and associated financial products to clients in mainland China and international markets, leveraging its controlling shareholder Hengdian Holdings for certain procurement needs.

Average Trading Volume: 2,334,841

Current Market Cap: HK$13.66B

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