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Updated on Dec 01,2014

Notification on Approval of SHFE Certified Delivery Warehouse for Copper Futures

 

FROM: The Shanghai Futures Exchange
TO: Jiangxi Guochu Logistics Co., Ltd.
CC: Futures Supervision Department of China Securities Regulatory Commission, All Members and Certified Delivery Warehouses for Nonferrous Metals
SUBJECT: Notification on Approval of SHFE Certified Delivery Warehouse for Copper Futures
 
FILING SERIAL: SQPF [2014] No. 91
December 1, 2014
 
This is the official response to your company’s Application for SHFE Certified Delivery Warehouse for Copper Futures. In accordance with the provisions of the Certified Delivery Warehouse Rules of the Shanghai Futures Exchange, your company is approved of such a certification and is notified as below:
 
I. Your company’s warehouse located at the Yingtan South Railway Station (11 Ping’an Road, Yingtan) is designated as the Exchange’s certified delivery warehouse for copper futures. The approved storage capacity is 3,000 tons.
 
II. The warrants for copper futures created and issued at your delivery warehouse at Yingtan South Railway Station are under a transportation discount of 120 yuan/ton versus the benchmark warrant for copper futures.
 
III. Since the issuance date of such notification, your company will commence the operations of a certified delivery warehouse under the amount of the approved storage capacity. You are required to perform your obligations in strict compliance with the relevant rules of the Exchange.
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