"China COSCO Shipping: Subsidiary China COSCO Shipping Central China becomes designated delivery warehouse for lithium carbonate futures

China COSCO Shipping announced that in October 2023, in response to business needs, China COSCO Shipping Limited's wholly-owned subsidiary, China COSCO Shipping Central China Co., Ltd., applied to the Guangzhou Futures Exchange to become the designated delivery warehouse for lithium carbonate futures. In accordance with the relevant requirements of Guangzhou Futures Exchange, the company was required to issue a "Guarantee Letter" for the above-mentioned application. On November 27, 2023, China COSCO Shipping Central China obtained the approval from Guangzhou Futures Exchange and became the designated delivery warehouse for lithium carbonate futures, and the aforementioned "Guarantee Letter" officially took effect."