The H-share issue of Shandong Stock Exchange Futures is mainly used for the improvement of financial resources, the establishment of a sales department and recruitment staff, the use of external resources for trading, and the basic facilities and equipment for advanced information technology, so as to upgrade and improve the existing information technology system and working capital, etc.

In the past three years, the operating income of Shandong Securities Futures has increased from 307.8 million yuan in 2012 to 322.0 million yuan in 2014, and the annual profit has increased from 6.62 million yuan in 2012 to 8.03 million yuan in 2014. The profit rate increased from 21.5% in 2012 to 24.9% in 2014, showing a good growth momentum. The IPO price is HK $2.90-HK $3.64, which corresponds to about 40 times the 2014 PE based on a median of HK $3.27. compared with the same industry, the valuation is too high, so it is recommended to apply cautiously.