Shanghai Futures Exchange: Approved Wu Chan Zhong Da Group Co., Ltd. and its subsidiaries to carry out group delivery operations

2026-04-04 01:18:48

On April 3, the Shanghai Futures Exchange released an announcement approving China Merchants Group Wuchan Zhongda Group Co., Ltd. and its subsidiaries to carry out group delivery business:

Pursuant to the relevant provisions such as the “Administrative Measures for Group Delivery Business of the Shanghai Futures Exchange,” after research and decision:

I. It is agreed that China Merchants Group Wuchan Zhongda Group Co., Ltd. becomes the delivery center for hot-rolled coil, rebar, butadiene rubber, and pulp futures.

II. It is agreed that China Merchants Futures Delivery (Zhejiang) Logistics Co., Ltd. becomes the delivery warehouse for hot-rolled coil futures within the group delivery system. The storage addresses are: first, located at 1168 Pinghai Road, Zhenhai District, Ningbo City, Zhejiang Province, with approved storage capacity of 30k tons, and no regional grade adjustments; second, located at the north of Wanglanzhuang Village, Wanglanzhuang Town, Fengnan District, Tangshan City, Hebei Province, with approved storage capacity of 60k tons, with 30k tons put into use, and a regional premium/discount of 70 yuan/ton.

III. It is agreed that China Merchants Wuchan Zhongda Metal Group Co., Ltd. becomes the delivery plant for butadiene rubber, hot-rolled coil, and rebar futures within the group delivery system.

The delivery pickup address for butadiene rubber futures is located at No. 97 Zhongchu Road, Beiguan Logistics Industrial Park, Beiguan Subdistrict Office, Jiaozhou City, Qingdao City, Shandong Province, with approved storage capacity of 6,000 tons, and no regional grade adjustments.

The delivery pickup address for hot-rolled coil futures is located at No. 181 Jinxiu Road, Jiangsu Yangtze River International Metallurgical Industrial Park, Jinfeng Town, Zhangjiagang City, Jiangsu Province, with approved storage capacity of 60k tons, with 30k tons put into use, and no regional grade adjustments.

The delivery pickup address for rebar futures is: first, located at No. 88 Jinqiao Avenue, Zhenjiang City, Jiangsu Province, with no regional grade adjustments; second, located at No. 98 Lianhang Avenue, Leidian Town, Deqing County, Huzhou City, Zhejiang Province (the regional grade adjustments will be announced separately). The approved storage capacity is 60k tons, with 30k tons put into use.

IV. It is agreed that China Merchants Wuchan Zhongda Chemical Group Co., Ltd. becomes the delivery plant for butadiene rubber and pulp futures within the group delivery system.

The delivery pickup address for butadiene rubber futures is located at No. 1229 Hongliuh River Road, Huangdao District, Qingdao City, Shandong Province, with approved storage capacity of 4,000 tons, and no regional grade adjustments.

The delivery pickup address for pulp futures is located at No. 179 Lishan Road, Huangdao District, Qingdao City, Shandong Province, with approved storage capacity of 10k tons, and no regional grade adjustments.

V. From the date of this announcement, China Merchants Wuchan Zhongda Group Co., Ltd., China Merchants Futures Delivery (Zhejiang) Logistics Co., Ltd., China Merchants Wuchan Zhongda Metal Group Co., Ltd., and China Merchants Wuchan Zhongda Chemical Group Co., Ltd. shall carry out group delivery business in accordance with relevant regulations.

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