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

Stock Code: 600153.SH

World’s First Cultural Paper Futures and Options Launched, with C&D Inc. Invited to Attend and Join the First Batch of Transactions

Date: 2025-09-11 | Source:C&D Inc.

On September 10, with the approval of the China Securities Regulatory Commission (CSRC), offset printing paper futures and options were officially listed on the Shanghai Futures Exchange (SHFE). Cheng Dongfang, General Manager of C&D Inc. (600153.SH), together with Zhang Xiaohui, General Manager of C&D Pulp & Paper Group, were invited to attended the listing ceremony.

This marks the launch of the world’s first futures and options contracts for cultural paper, signaling a new stage in risk management for China’s papermaking industry. Following the official listing, C&D Inc. participated in the first trades of both coated printing paper futures and pulp options.

As the world’s first financial derivatives for cultural paper, the introduction of offset printing paper futures and options represents a milestone in the futures market’s support for the industry’s green and low-carbon transition in China. It also serves as a critical step toward enhancing risk management across the pulp and paper industry chain.

Cheng Dongfang stated in a media interview that the listing of offset printing paper futures and options will further improve price openness, transparency, and continuity, providing manufacturers and end-users with more effective market references and risk management tools, while creating synergies with pulp futures to strengthen operational flexibility and cost control ability across the industry chain.

As a participant in the offset printing paper futures market, C&D Inc. currently has a comprehensive delivery network. Its subsidiaries, C&D Warehouse and C&D Paper & Pulp, were recently approved as designated delivery warehouse and factory warehouse for offset printing paper futures. The listing of these new products will significantly enhance C&D Inc.’s service capabilities in the commodities sector.

Looking ahead, C&D Inc. will adhere to its operating philosophy of “professionalism, efficiency, prudence”, strictly comply with SHFE’s regulations to ensure secure, standardized, and efficient delivery operations, and advance the prosperity of the pulp and paper futures market and inject new momentum into the real economy.