In the first quarter of 2025, Ruida Futures Co., Ltd. led listed futures companies with outstanding performance with both revenue and net profit increases. However, the bright financial report cannot conceal its internal control concerns — on April 30, the Xiamen Securities Regulatory Bureau issued a fine to Ruida Futures, pointing out that its subsidiary Ruida New Capital Management Co., Ltd. had irregular accounting issues. The subsidiary's revenue recognition for some trade operations in previous years did not comply with the “Corporate Accounting Standards”, resulting in inaccurate financial data disclosed by the company in the relevant annual periodic reports. Meanwhile, Ruida Futures Chairman Lin Zhibin, General Manager Ge Chang, Financial Director Zeng Yonghong, and Chief Risk Officer Yang Mingdong were also subject to administrative supervision measures issuing a warning letter. On the same day, the Shenzhen Stock Exchange also issued a regulatory letter to the company and relevant responsible persons, stating that executives failed to perform their duties with due diligence and faithfulness. According to incomplete statistics, this is the fourth time since 2024 that the company has publicly issued a “penalty”. Industry insiders believe that a small number of futures companies have been repeatedly punished due to their short-sighted mentality of focusing on business and light compliance, and not establishing a compliance culture compatible with the high-quality development of the industry and strict supervision and control.

Zhitongcaijing · 06/13 21:09
In the first quarter of 2025, Ruida Futures Co., Ltd. led listed futures companies with outstanding performance with both revenue and net profit increases. However, the bright financial report cannot conceal its internal control concerns — on April 30, the Xiamen Securities Regulatory Bureau issued a fine to Ruida Futures, pointing out that its subsidiary Ruida New Capital Management Co., Ltd. had irregular accounting issues. The subsidiary's revenue recognition for some trade operations in previous years did not comply with the “Corporate Accounting Standards”, resulting in inaccurate financial data disclosed by the company in the relevant annual periodic reports. Meanwhile, Ruida Futures Chairman Lin Zhibin, General Manager Ge Chang, Financial Director Zeng Yonghong, and Chief Risk Officer Yang Mingdong were also subject to administrative supervision measures issuing a warning letter. On the same day, the Shenzhen Stock Exchange also issued a regulatory letter to the company and relevant responsible persons, stating that executives failed to perform their duties with due diligence and faithfulness. According to incomplete statistics, this is the fourth time since 2024 that the company has publicly issued a “penalty”. Industry insiders believe that a small number of futures companies have been repeatedly punished due to their short-sighted mentality of focusing on business and light compliance, and not establishing a compliance culture compatible with the high-quality development of the industry and strict supervision and control.