MMTec Business Summary

MMTec, Inc. (MTC) is a financial technology firm that provides a comprehensive suite of internet-based platforms enabling financial institutions—primarily those serving Chinese-speaking clients—to execute securities transactions and settlements in U.S. and global markets. The company generates revenue through four primary business segments: Gujia, MM Future, HC Securities, and MM Global. While its legacy business focused on software-as-a-service (SaaS) solutions like the Securities Dealers Trading System and Private Fund Investment Management System, its current revenue mix is heavily driven by placement agent services and investment banking advisory. MMTec operates in a competitive landscape alongside larger brokerage-focused peers such as Futu Holdings and UP Fintech (Tiger Brokers), as well as niche software providers like Cloopen Group, positioning itself as a specialized infrastructure and service bridge for Asian institutional capital seeking global market access. The company was founded in 2017 by a team led by Zhenyong Liang, who served as the initial Chairman and CEO through its 2019 Nasdaq IPO. Current leadership is headed by Xiangdong Wen, who has served as Chairman and Chief Executive Officer since June 2018, bringing a background in technical research and development from his tenure at Gujia (Beijing) Technology. He is supported by Min Kong, who serves as Chief Financial Officer and Director. The board of directors includes independent members such as Xiaofei Ren, a certified public accountant and risk control expert who chairs the Audit Committee, alongside Qingshun Meng and Dan Fu. Despite significant market volatility and a recent transition to HTL as its independent audit firm in early 2026, MMTec maintains a base of notable institutional investors, including UBS Group AG, Renaissance Technologies, and SBI Securities.