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

Stock Code: 600153.SH

C&D Warehouse Approved as Designated Delivery Warehouse for Non-Ferrous Metal Futures for the First Time

Date: 2025-06-06 | Source:C&D Inc.

On June 5, the Shanghai Futures Exchange announced the list of designated delivery warehouses for cast aluminum alloy futures. The Ningbo Zhenhai and Jiaxing Haiyan warehouses operated by C&D Warehouse, a subsidiary of C&D Inc. (600153.SH), were both approved as the first batch of designated delivery warehouses for cast aluminum alloy futures. This marks the first time C&D Warehouse has obtained delivery warehouse qualifications for a non-ferrous metal futures product.

The newly listed futures product, ADC12 cast aluminum alloy, accounts for over 70% of China’s cast aluminum alloy market. Known for its lightweight durability and excellent mechanical properties, thermal conductivity, and processability, ADC12 is widely used in the manufacturing of components for automobiles, agricultural machinery, and electric tools.

C&D Warehouse is a wholly owned subsidiary of C&D Logistics. To date, C&D Logistics and its subsidiaries have obtained qualifications for 11 types of futures products and operate 12 designated delivery warehouses, covering a wide range of categories including lithium carbonate, industrial silicon, polysilicon, ferrosilicon, silicomanganese, pulp, synthetic rubber, PTA, cotton yarn, PET chips, and aluminum alloy.

Looking ahead, guided by its brand philosophy of “Together Go Beyond”, C&D Logistics will continue to strictly comply with all regulatory requirements set by futures exchanges, continuously enhance the standardization and refinement level of futures delivery, expand the delivery varieties and regional layout, and strengthen the comprehensive delivery service capabilities so as to provide stable and efficient support for the circulation of bulk commodities for industrial customers.