(Source: China Reserve Co., Ltd.)
On September 4, the “Casted Aluminum Alloy Futures Delivery Business Training Conference” hosted by the Shanghai Futures Exchange (hereinafter referred to as “Shanghai Futures Exchange”) was held in Wuxi. Lu Qinghua, director of the Shanghai Futures Exchange Delivery Department, Xu Xin, assistant director of the Delivery Department, and a group of about 40 people came to the China Reserve Wuxi Logistics Center for on-site business drills.
Yang Biao, member of the Party Committee and deputy general manager of China Reserve Co., Ltd. and general manager of China Reserve Wuxi Logistics Center, held a discussion with the Shanghai Futures Exchange and his delegation, focusing on introducing the company's profile, future development and other contents.
Yang Biao said that Wuxi Logistics Center strictly abides by the various rules and regulations of the Shanghai Futures Exchange, providing solid warehousing guarantees for the smooth operation of the futures market; as an important logistics node of China Reserve Co., Ltd. in the Yangtze River Delta region, it is a frontier for cooperation between the two parties. He stressed that China Reserve Co., Ltd. is willing to deepen its cooperative relationship with the Shanghai Futures Exchange and help maintain the stable operation of the commodity market through professional warehousing management and standardized delivery processes.
Lu Qinghua said that the healthy development of the futures market is inseparable from the support of high-quality delivery services. China Reserve Co., Ltd.'s commitment to continuously improve the brand goal of “China Relief Database” coincides with the management concept of the Shanghai Futures Exchange for delivery databases. The Shanghai Futures Exchange will continue to deepen cooperation with China Reserve Co., Ltd., continuously improve the futures delivery system, work together to provide more reliable and convenient delivery services to futures market participants, and promote the high-quality development of futures delivery business.
During the warehouse area drilling session, the management staff of the Logistics Operations Department of Wuxi Logistics Center gave a detailed introduction to the warehouse floor plan, the layout of the special line for the freight yard and the warehouse facilities. The quality inspection agency and the Wuxi Logistics Center operation team cooperated to complete the explanation of the appearance inspection standards of cast aluminum alloys and the practical demonstration of warehouse receipt production, including the acceptance of cast aluminum alloy futures in warehouse, quality inspection, out-of-warehouse, and operation precautions. From stacking specifications to scanning codes and pounds, each link shows the professional operation level of Wuxi Logistics Center, and is fully prepared for the first delivery of cast aluminum alloy futures.
The implementation of this simulation drill is an affirmation of the business capabilities of China Reserve Wuxi Logistics Center and demonstrates China Reserve's industry influence in the futures delivery field. In the future, Wuxi Logistics Center will continue to optimize service processes, strengthen professional capabilities, and contribute to the stable development of futures delivery business.