Today, Shanghai International Energy Trading Center, a subsidiary of the Shanghai Futures Exchange, successfully completed its first cross-border delivery business. The first batch of 600-ton overseas standard warehouse receipts for No. 20 rubber was generated by overseas distribution Kutaihua Gum Co., Ltd. and sold through delivery, with a delivery amount of RMB 8.84 million. The No. 20 offshore goods that have been delivered will complete physical delivery at Laem Chabang Port in Thailand, marking the successful completion of the entire process of the cross-border delivery mechanism in China's futures market. The relevant person in charge of energy said in the previous period that the next step will be to adhere to the principles of internal and external balance, service entities, and controllable risks, and steadily promote the expansion and quality of the cross-border delivery business. On the basis of the orderly operation of the cross-border delivery mechanism, we will further enrich the functions of using overseas standard warehouse receipts, expand the coverage of the delivery network, continuously improve the futures market's ability to serve the real economy, and help build the Shanghai International Financial Center with higher quality financial services.

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