The bulk commodity warehouse receipt registration center of the large commercial firm was launched

On December 9, the Dalian Commodity Exchange (hereinafter referred to as Dashang) Bulk Commodity Receipt Registration Center (hereinafter referred to as the Warehouse Receipt Registration Center) was officially launched, and for the first time in the country, the futures exchange and the unified registration and publicity system of movable property financing of People's Bank of China were docked, which will be of positive significance
for giving full play to the advantages of the futures market, helping the construction of a unified national market, and serving high-quality development.

On the first day of launch, the warehouse receipt registration center system of Da Shang operated smoothly, and more than 630 warehouses and more than 900 industrial chain enterprises could log in and use
.
At present, the standard warehouse receipts and non-standard warehouse receipts of the warehouse receipt registration center total 2.
1 million tons, involving 16 varieties
such as corn and iron ore.
Relying on the Bulk Commodity Warehouse Receipt Registration Center, ICBC, China Construction Bank and Bank of Communications carried out four warehouse receipt pledge financing business, issued loans of 3.
88 million yuan to entity enterprises, and the relevant pledge rights were automatically registered
with the unified registration system of the People's Bank of China.
In the view of relevant participants, the warehouse receipt registration center of Da Shang has effectively deepened the construction of the national warehouse receipt registration system, and its role in promoting the high-standard connectivity of market facilities, reducing the financing cost of real enterprises, improving the credit level of the bulk commodity industry, and promoting the digital development of market warehouse receipts is worth looking forward to
in the future.

The launch of the warehouse receipt registration center of D&Shang means that many explorations of D&C in deepening warehouse receipt management services have been implemented
.
The first is to provide free warehouse receipt registration and inquiry services for the whole market, and support warehouse receipt trading and financing business in an integrated manner; The second is to connect with the unified registration system of the People's Bank of China to realize one-stop registration of "warehouse receipt + pledge"; The third is to apply digital monitoring methods in warehouses to promote the connection with government credit data and consolidate the security and credit foundation
of warehouse receipts.

Ran Hua, Secretary of the Party Committee and Chairman of the Board of Directors of Da Shang, said that the construction of the bulk commodity warehouse receipt registration center is a specific measure for Da Shang to give full play to the advantages of the futures market and respond to the construction of a unified national market, which is an inherent requirement to accelerate the high-quality development of the futures market and help the real economy reduce costs and increase efficiency, and it is also the inevitable result
of continuing to promote the combination of on-site and off-site and explore the construction of "one circle, two centers" for many years.
Through warehouse receipt registration and trading, the correlation of spot prices of different regions and different qualities promotes the formation of a "price network" and futures spot delivery system throughout the national industry chain, which can better improve the pricing effectiveness and delivery
convenience of the futures market.
At the same time, the warehouse receipt of goods and the electronic warehouse receipt are of positive significance for strengthening the monitoring and monitoring of the spot market of commodity futures and reducing the cost of
commodity financing.
In the next step, DCE will actively and steadily promote the construction of the warehouse receipt registration center, strive to achieve more practical results, and strive to contribute futures strength
to the modernization of China.

"The launch of the construction of the bulk commodity warehouse receipt registration center is an important business innovation practice of the large commercial firm, which will play an important exploration and leading role
in promoting the safety of bulk commodity goods and warehouse receipts in China's chemical industry and enhancing the financing capacity of bulk commodities.
" Fan Hongwei, chairman of Hengli Petrochemical Co.
, Ltd.
, said in his speech that in the future, it will vigorously support and actively participate in the warehouse receipt registration center, give full play to the advantages of both parties, and achieve mutual benefit and win-win
cooperation.

In addition, in order to further improve the function of the warehouse receipt registration center, Dashang also signed cooperation agreements with Dalian Credit Center and Dalian Jinpu New Area Administrative Committee, and will carry out in-depth cooperation
in deepening the credit evaluation of market entities, the construction of demonstration warehouses, and promoting regional economic development in the future.