Third Party Service
○ Financial Institutions
Engaged in the comprehensive services of the biological chain of bulk commodity, Zhejiang Seaport Bulk Commodity Exchange integrates financial resources and attracts banks, insurance, futures and other partners to provide online one-stop financial service for clients, reducing connecting links and improving financing and service efficiency. Currently, based on the principle of “good faith, equality, mutual benefit, resource sharing, advantages complementation, long-term cooperation and joint development”, we have cooperated with financial institutions such as Industrial and Commercial Bank of China, Nanhua Futures Co., Ltd., Zhejiang Nanhua Capital Management Co., Ltd. and Donghai Shipping Insurance Co., Ltd. in financing services, financial innovation and other financial services using their advantages in platforms and clients so as to carry out complementary business cooperation of various forms and achieve mutual benefit and win-win situation.
Industrial and Commercial Bank of China
As a third party financial institution of Zhejiang Seaport Bulk Commodity Exchange, ICBC can provide all kinds of financial services for member enterprises including network facilities, business consulting, clearing services, quick remittance, letter of credit issuing, agency, financing and risk management.
Nanhua Futures Co., Ltd.
Established in 1996, Nanhua Futures Co., Ltd. is mainly engaged in commodity futures broker, financial futures broker, futures investment consulting, asset management business and securities investment fund consignment business. It is a comprehensive futures company with all licenses, the Member of First Batch Full Settlement of China Financial Futures Exchange, the full-fledged member of Shanghai Futures Exchange, Zhengzhou Commodity Exchange and Dalian Commodity Exchange as well as transaction participants of Shanghai Stock Exchange. With registered capital of RMB 510 million Yuan and total assets of more than RMB 15 billion Yuan, it has strong capital strength.
Zhejiang Nanhua Capital Management Co., Ltd.
Zhejiang Nanhua Capital Management Co., Ltd. is a wholly-owned risk management subsidiary of Nanhua Futures Co., Ltd. approved by the China Futures Association. Its registered capital is RMB 200 million Yuan. The goal of the company is to serve the real economy and industrial clients comprehensively based on risk management. It is mainly engaged in services concerning domestic and foreign trade of bulk commodity, covering warehouse services, cooperation hedging, base trading, pricing services and market operations.
Donghai Shipping Insurance Co., Ltd.
Donghai Shipping Insurance Co., Ltd. is the first professional shipping insurance legal person in China. Donghai Shipping Insurance Co., Ltd. was jointly sponsored by People’s Insurance Company of China, Ningbo Port Group Co., Ltd., Shanghai International Port (Group) Co., Ltd. and Ningbo Development and Investment Group Co., Ltd., with registered capital of RMB 1 billion Yuan. With the support of industry leading position and rich client resources of Ningbo Zhoushan Port, Shanghai Port and other ports, the company creates the advantages of shipping insurance, build efficient and convenient shipping insurance service platforms in coastal cities and major ports, research and develop more shipping and logistics and other high value-added shipping insurance products so as to develop integrated logistics and supply chain insurance business.
○ Quality Inspection Agencies
Zhejiang Seaport Bulk Commodity Exchange signed strategic cooperation agreement with China Inspection and Quarantine Bureau (CIQ), China Certification & Inspection Group (CCIC) and other third-party quality inspection agencies to have all-around cooperation in product quality control of online bulk commodity trading platform, expand cooperation in bulk commodity industry chain research and bulk quality data collection and release by using their resources and professional advantages, create bulk commodity quality risk warning report and build new qualify barrier for bulk commodity together.
Entry-Exit Inspection and Quarantine Bureau (CIQ)
Entry-Exit Inspection and Quarantine Bureau (CIQ) was merged from the former entry-exit health quarantine, entry-exit animal and plant quarantine and entry-exit commodity inspection agencies all over China in 1999. The Entry-Exit Inspection and Quarantine Bureau and the State Quality Supervision Bureau merged in 2002 to set up the General Administration of Quality Supervision, Inspection and Quarantine of the People’s Republic of China.
China Certification & Inspection Group (CCIC) is an independent third party certification and inspection organization dedicated to providing inspection, verification, certification and testing services, with accreditation by General Administration of Quality Supervision, Inspection and Quarantine of the People’s Republic of China (AQSIQ), Certification and Accreditation Administration of the People’s Republic of China (CNCA) and China National Accreditation Service for Conformity Assessment(CNAS).