Coinhua News: Since March, seven securities firms including Changjiang Securities and Guojin Securities have been approved to participate in carbon emissions rights trading, expanding the total number of licensed securities firms in the industry to 25. The entry of securities firms aims to enhance liquidity and pricing efficiency in China's carbon market. Currently, they primarily conduct spot and financing transactions through proprietary funds in local pilot programs and the national voluntary emissions reduction market. Multiple securities firms have indicated they will deepen exploration of carbon finance services to support the development of green finance.