On March 14, 2026, the Government Work Report and the Outline of the 15th Five-Year Plan were released, setting the course for "high-quality development" and "developing new quality productive forces" during the 15th Five-Year Plan period. At the economic-themed press conference of the Fourth Session of the 14th National People's Congress, China Securities Regulatory Commission (CSRC) Chairman Wu Qing addressed questions from domestic and international journalists on core issues including capital market reform and development, serving new quality productive forces, and strengthening risk prevention and supervision. He systematically elaborated on the measures and pathways for high-quality development in the capital market during the 15th Five-Year Plan period, providing clear regulatory guidance and action plans for the capital market to implement central government directives and serve the national strategic agenda.
As a state-owned financial enterprise rooted in Jiangsu province, HOLLY FUTURES deeply recognizes the necessity of closely integrating the "blueprint" from the Government Work Report, the "vision" of the 15th Five-Year Plan, and the "implementation plan" clarified by Chairman Wu Qing's speech. It aims to fulfill its financial mission through professional futures capabilities and demonstrate the responsibility of a state-owned enterprise in serving national strategies.
First, deeply comprehending the spirit of Chairman Wu Qing's speech to calibrate the "guiding star" for high-quality development. Chairman Wu Qing explicitly stated at the press conference the need to continuously deepen comprehensive reforms in capital market investment and financing, improve market mechanisms and ecosystems for "long-term money and long-term investment," and enhance the inclusivity and adaptability of capital market systems. This aligns with the requirements in the Outline of the 15th Five-Year Plan for National Economic and Social Development of the People's Republic of China for accelerating the construction of a modern financial system with Chinese characteristics. It also echoes the Government Work Report's proposal to improve policy systems supporting the entry of medium- and long-term funds into the market, thereby charting the direction for the futures market to serve the high-quality development of the capital market.
HOLLY FUTURES has a profound understanding of this: the futures market is not only a "detector" for commodity price discovery but also a "stabilizer" for long-term capital in the capital market. By the end of January 2026, the total capital in China's futures market had increased to approximately 2.57 trillion yuan, indicating significant improvement in market depth and a strengthened foundation for serving medium- and long-term funds. Implementing Chairman Wu Qing's部署 on cultivating and expanding long-term funds and enhancing market intrinsic stability, HOLLY FUTURES will fully leverage its professional advantages to help medium- and long-term funds such as social security, insurance, and annuities hedge market volatility risks using tools like stock index futures and treasury bond futures. This will promote a market environment where "long-term money is willing to come, can stay, and can develop." Simultaneously, relying on the credit advantages of a state-owned enterprise, the company will continuously improve its comprehensive risk management system, effectively solidifying the "ballast" for the stable development of the capital market.
Second, closely adhering to the requirements of the 15th Five-Year Plan to act as an "escort" for new quality productive forces. The year 2026 marks the beginning of the 15th Five-Year Plan period. The Plan explicitly calls for accelerating the building of a strong financial nation, promoting green and low-carbon transformation, and leading the development of new quality productive forces through technological innovation, thereby charting the direction for the futures market to serve the real economy. At the press conference, Chairman Wu Qing also emphasized the need to more vigorously promote capital formation through multiple channels, direct factor resources towards areas of new quality productive forces, continuously enrich financial products and tools, and more precisely and effectively serve the development of new quality productive forces. He pointed out the need to "steadily develop the futures and derivatives market to better meet the risk management needs of enterprises and residents."
The cultivation of new quality productive forces relies on the stable support of industrial and supply chains. HOLLY FUTURES actively extends its services to the forefront of industrial chains, keeping pace with the development of strategic emerging industries such as new energy and semiconductors. Leveraging the pricing "bellwether" role of futures varieties like industrial silicon, lithium carbonate, platinum, and palladium, it provides comprehensive risk management services for industrial enterprises. In line with the 15th Five-Year Plan's requirement to accelerate comprehensive green transformation, futures companies should deeply serve green and low-carbon enterprises like photovoltaic and energy storage, using hedging tools to help them lock in raw material costs and stabilize operational expectations, enabling实体 enterprises to focus on R&D and development with peace of mind. Moving forward, HOLLY FUTURES will further explore new service models combining "futures + technology," tailoring customized risk management solutions for specialized, sophisticated, distinctive, and innovative enterprises facing challenges like exchange rate, interest rate, and raw material price fluctuations. It aims to precisely channel financial "living water" to nourish the fertile ground of technological innovation, facilitating a virtuous cycle of "technology-industry-finance."
Third, focusing on the objectives of the Government Work Report to build a "protective net" for rural revitalization and supply stability and price stabilization. The 2026 Government Work Report, centered on livelihood security and social stability, explicitly put forward work requirements such as strengthening increases in resident income and improving the livelihood security system. This underscores the nation's high regard for food and energy security and the bottom line of livelihood development, which also places higher demands on the futures market to safeguard food and energy security lines and serve rural revitalization.
As one of the practitioners of the "insurance + futures" model in the futures industry, HOLLY FUTURES is deeply aware of the responsibility and mission of financial support for agriculture. The 15th Five-Year Plan explicitly calls for improving long-term mechanisms to promote comprehensive rural revitalization, enhancing comprehensive agricultural production capacity, strengthening food security guarantees, improving financial service systems suited to the characteristics of agriculture and rural areas, and developing multi-level agricultural insurance, thereby charting the direction for the futures market to serve agriculture, rural areas, and farmers. The company will continue to optimize this innovative model of financial support for agriculture, upgrading services from "price protection" to "income protection" and expanding coverage from single varieties to all categories within counties. It will focus on key varieties crucial for food security like soybeans and corn, utilizing financial tools such as over-the-counter options and futures hedging to effectively address the industry dilemma of "bumper harvests without increased income" in agricultural production. This ensures that farmers have security in planting and confidence in operations, practically implementing the national strategy of "ensuring food security" and building a financial "protective net" for rural revitalization and supply stability and price stabilization.
The spirit of the "Two Sessions" has injected strong confidence into the reform and development of the capital market and the futures industry, while also delineating a clear path for industry development. HOLLY FUTURES will take the spirit of the "Two Sessions" as its fundamental guide, firmly adhere to the main line of work focusing on "preventing risks, strengthening supervision, and promoting high-quality development," base itself on the essence of futures, and deeply cultivate professional services. On the new journey of the 15th Five-Year Plan, it will continuously enhance the quality and efficiency of serving the real economy, using professional futures strength to safeguard the steady and long-term progress of the real economy in Jiangsu and nationwide, and contribute futures power to the building of a strong financial nation and Chinese modernization.