First, the shareholders of haitong futures promised to buy back their shares at an annual interest rate of 8% based on the fixed income of 1 10,000 if the share price is lower than 6.8. In other words, customers can get 8% annualized at worst, and 3 million can get 8.5% annualized; At present, the price of haitong futures's conservative listing is 15- 17 yuan per share. If it is listed at 15 yuan per share, investors can enjoy an excess return of about 150%.

Second: haitong futures is expected to list the New Third Board next year. Before listing, it is necessary to carry out shareholding system reform and introduce more strategic investors to join in order to go public faster. Therefore, 654.38 billion original shares were introduced to Dongfang Huifu, and 654.38 billion original shares were RMB 680 million. The market financing does not exceed 450 million RMB, and the rest institutions will carry out large capital docking!

Third: haitong futures's major shareholder is Haitong Securities, which is controlled by Shanghai SASAC. Is a scarce licensed financial institution. High-quality financial stocks attract and lock in a number of brokers to make the market! In the next 3-5 years, we think that stock index futures is an important tool to improve China's financial system, improve macro-control ability and resist financial risks;

Fourth, quantitative hedging products are arbitrage through stock index futures. At present, the scale of quantitative hedging in China is only 800 billion, and that in the United States is 3 trillion dollars. As far as the current quantitative hedging of 800 billion yuan is concerned, because stock index futures are T+0 high-frequency transactions, unlike stocks, the annual profit of futures companies can reach 200-300 million. If the quantitative hedging scale reaches trillions, the income of futures companies can be imagined; (At present, the national stock index trading is limited in the short term, but it does not affect the process of promoting financial marketization at the upper level! The introduction of futures varieties, options and crude oil futures will greatly enrich the profit growth points of futures companies.

Fifth, securities companies began to reform, and the stock commission was reduced to three ten thousandths, and it was T+ 1. The era of rapid growth of securities firms has passed, and now is the best time to set foot in the futures industry in advance! Mainly shareholder repurchase, the worst can also get 8% annualized fixed income! At present, the trust income below 3 million is only about 7-8%.