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Xiamen C&D Inc. Stock Code: 600153.SH

Stock Code: 600153.SH

C&D Logistics Obtains Qualification as One of the First Bottle-Grade Polyester Chip Futures Delivery Warehouses by Zhengzhou Commodity Exchange

Date: 2024-08-30 | Source:C&D Inc.
On August 28, Zhengzhou Commodity Exchange announced the list of designated delivery warehouses for bottle-grade polyester chip futures, and C&D Logistics, a wholly-owned subsidiary of C&D Inc. (600153.SH), was selected as one of these facilities.

To meet the requirements for registering warehouse receipts for bottle-grade polyester chip futures, C&D Logistics undertook extensive preparations tailored to the product's characteristics, which included expanding relationships with upstream and downstream industry partners, establishing standardized operational procedures, and organizing employee training sessions to strengthen the team's expertise. These steps ensure the smooth progress of registration and delivery operations, supporting the effective use of futures tools by real-economy companies.

To date, C&D Logistics and its subsidiaries have been qualified to handle futures delivery for 9 product categories, including ferrosilicon, silicomanganese, lithium carbonate, pulp, synthetic rubber, PTA, industrial silicon, cotton yarn, and bottle-grade polyester chips. Moving forward, C&D Logistics will continue to uphold the brand philosophy of "Together Go Beyond", building a specialized futures delivery service team, and strictly adhering to the exchange's management regulations, providing comprehensive services for bottle-grade polyester chip futures to support the healthy and orderly development of the polyester industry.