Daotong Futures Brokerage Co., Ltd., established in March 2003 with the approval of the China Securities Regulatory Commission (CSRC), is a subsidiary controlled by Shagang Group. With a registered capital of RMB 450 million, the company is headquartered in Nanjing, Jiangsu Province.

　　The company's business scope includes: commodity futures brokerage, financial futures brokerage, futures investment consulting, and risk management. Its wholly-owned subsidiary, Nanjing Daotong Capital Management Co., Ltd., with a registered capital of RMB 140 million, leverages Shagang Group's strong physical market background and Daotong Futures' extensive research resources to actively explore and develop stable risk management services with the aim of serving the real economy. The company's existing basis trading service model uses precise basis trading strategies to provide industrial clients in sectors such as ferrous metals with diversified and multi-faceted cooperation in cost control, profit management, and sales and procurement prices management, which has significant competitive advantage in the industry.

　　Adhering to the fundamental principle of "Rooting in the Industry, Creating Value with Professionalism," the company is committed to its mission of "Continuously Creating Value for Clients" and upholds the business philosophy of "Doing the Right Thing, Pursuing Professional Excellence, Fostering Team Collaboration, and Maintaining a Long-term Perspective" to provide investors with personalized, differentiated, and professional services. The company has been honored with the title of "China's Most Promising Futures Company" and received the Market Progress Award from Shanghai Futures Exchange in 2021.