Nanhua Futures Co., Ltd. (603093.SH) announced that on December 8, 2025 (U.S. time), its wholly-owned overseas subsidiary, Nanhua USA LLC, received approval from Coinbase Derivatives, LLC (referred to as "Coinbase Derivatives") to become a trading member. Currently, Nanhua USA LLC is already a clearing member of Nodal Clear, LLC, the designated clearinghouse for Coinbase Derivatives. With this approval, Nanhua USA LLC can now trade and clear products listed on Coinbase Derivatives.