CHINA DRAGON FUTURES
Commodity and financial futures brokerage and consulting.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
CNY407m | Post IPO Equity | ||
| Total Funding | 000k | ||
China Dragon Futures Co., Ltd. is a futures company established in November 1992, making it one of the first to be founded in China. The company's main business includes commodity futures brokerage, financial futures brokerage, and futures investment consulting. It is a member of all five major Chinese exchanges: the Shanghai Futures Exchange, Zhengzhou Commodity Exchange, Dalian Commodity Exchange, Guangzhou Futures Exchange, and the China Financial Futures Exchange, as well as the Shanghai International Energy Exchange. This allows the firm to act as an agent for domestic futures contracts across a wide range of products including crude oil, steel, base metals, agricultural products, and financial futures.
The company is headquartered in Lanzhou, Gansu province, and operates branch offices in Shenzhen, Shanghai, Yinchuan, and Jiuquan. It primarily serves enterprises within its home province and the broader Western China region. The firm's business model is based on providing brokerage services for which it earns commissions, alongside offering investment consulting. It has also established a risk management subsidiary, Hualong Xinrui Capital Management Co., Ltd. China Dragon Futures went public in November 2015 and has since raised additional post-IPO equity. The company's legal representative is Wu Yang.
Keywords: commodity futures, financial futures, futures brokerage, investment consulting, derivatives trading, risk management, asset management, Chinese futures market, Shanghai Futures Exchange, Zhengzhou Commodity Exchange, Dalian Commodity Exchange, Guangzhou Futures Exchange, China Financial Futures Exchange, Shanghai International Energy Exchange, hedging, speculation