Hunan Xiangshang Commodity Trading Center Co., Ltd.

Hunan Xiangshang Commodity Trading Center Co., Ltd. (hereinafter referred to as the "Trading Center") is a spot commodity trading platform for bulk commodities established in response to the "Xiangshang Entrepreneurship, Xiangpin Going Out" policy vigorously implemented by the Hunan Provincial Party Committee and Provincial Government, and in implementation of the spirit of the document "Several Policy Measures for Accelerating the Development of an Open Economy" (Xiang Zheng Fa 2011-8) of the Hunan Provincial People's Government. Under the support and guidance of the former Hunan Provincial Economic and Technological Cooperation Office, it was initiated by the Hunan Federation of Out-of-Province Chambers of Commerce, and jointly built by Hunan Xiangshang Capital Management Co., Ltd. and Dahan Holding Group as the main investors. It aims to serve Xiangshang, circulate Xiangpin products, be based in Hunan, cover the whole country, and radiate globally. The headquarters of the Trading Center is located in the * Development Zone—Jinqiao International Commercial City (Xiangshang Headquarters Base) in Wangcheng Economic and Technological Development Zone. Its construction land is 11,000 mu, with a total investment of 60 billion yuan. It is Hunan's * "Hundred-Billion Commercial and Trade Logistics Industrial Park" and the future sub-center of Changsha City. The operation center is located in Wanda International Plaza, the CBD financial center of Changsha, with a business area of nearly 2,000 square meters. The Trading Center has a group of powerful spot suppliers, an experienced operation team, and a leading international modern "Cloud IX" electronic platform. Its overall strength has already ranked among the top in the industry. The Trading Center follows the principles of "openness, fairness, and justice", adheres to the purpose of "standardized operation, steady operation, and innovative development", provides innovative trading platforms for electronic trading businesses such as Xiangshang Bulk Commodities, Xiangshang E-De, and Xiangshang Collectibles, and has established a standardized and complete service system for spot trading, settlement, delivery, logistics, information consultation, and financial management. The Trading Center strives to build an "ecological balance circle" of commodity economic activities combining "financial electronization + logistics integration + real-time information + trade e-commerce", invests in and builds a comprehensive bulk commodity service platform covering market services, capital settlement, commodity circulation, price release, and other functions with multiple parallel modes, helps trading market participants break original restrictions with the help of third-party forces, promotes spot commodity circulation, connects production and demand, drives logistics, warehousing, and other related industries, promotes the integration of Hunan resources and domestic and foreign products, and ultimately achieves large-scale industrialization development. The initiating unit of the Trading Center, the Hunan Federation of Out-of-Province Chambers of Commerce, has more than 60,000 member units covering 30 provinces, municipalities, and autonomous regions, as well as Hong Kong, Macao, and Taiwan, and more than 150 large and medium-sized cities at home and abroad, including the United States, Canada, the United Arab Emirates, Laos, Vietnam, and South Africa. The Xiangshang Commodity Trading Center will shoulder the important task of large-scale commodity integration of "Xiangpin Going Out, Youpin Entering Hunan", and is committed to building an influential spot commodity trading platform for bulk commodities in China.