Enhancing the Quality and Efficiency of Financial Services: Shengjing Bank's Financial Solutions for the Commodity Industry Chain [SMM Copper Industry Conference]

On April 22, at the CCIE-2025SMM (20th) Copper Industry Conference and Copper Industry Expo - Copper Industry Innovation Forum, hosted by SMM Information & Technology Co., Ltd., SMM Metal Trading Center, and Shandong Aisi Information Technology Co., Ltd., co-sponsored by Jiangxi Copper Corporation and Yingtan Land Port Holdings Co., Ltd., and specially co-organized by Shandong Humon Smelting Co., Ltd., with the support of Xinhuang Group and Zhongtiaoshan Nonferrous Metals Group Co., Ltd., Jian Xu, Deputy General Manager of the Commodity Finance Division of Shanghai Branch of Shengjing Bank Co., Ltd., shared insights on the theme "Reshaping Bank Risk Control Logic to Enhance Financial Service Quality and Efficiency - Shengjing Bank's Commodity Industry Chain Financial Solutions." Shengjing Bank Commodity Industry Chain Financial Product Features 1. Shengjing Bank Shengjing Bank Co., Ltd. was established in 1997 as the earliest and largest state-owned city commercial bank in north-east China. It is also the third city commercial bank in China to establish cross-provincial branches, following Shanghai Bank and Beijing Bank. On December 29, 2014, Shengjing Bank successfully listed on the Main Board of the Hong Kong Stock Exchange (Stock Code: 02066). In the 2022 Top 1000 World Banks ranking released by The Banker magazine, Shengjing Bank ranked 146th, up two places from the previous year, and ranked 8th among the listed city commercial banks. The bank introduced its development history and branch network. 2. Shengjing Bank's Products Shengjing Bank's commodity industry chain financial products are designed for the trading characteristics of the metal, energy chemical, and agricultural product industries. The bank uses "goods flow" as the entry point for risk control and product design, innovatively upgrading traditional trade finance products and introducing third-party institutions such as futures, insurance, warehousing, and IoT technology service providers to offer professional services, thereby mitigating product risks, lowering customer entry barriers, and enhancing product universality. Existing Product System - Implemented "Goods Pledge" Financing Products Product Matrix Planning - Complete Industry Chain Financial Product System 3. Product Series - Cloud Warehouse Loan "Cloud Warehouse Loan" refers to a short-term financing credit business where the applicant uses legally held or intended-to-purchase spot commodities stored in warehouses under Shanghai Port Group Logistics Co., Ltd. as collateral and establishes a corresponding short hedging position with the same variety and quantity of collateral at CCB Futures Co., Ltd. before applying to our bank. "Cloud Warehouse Loan" Introduction - Product Structure Product Definition: "Cloud Warehouse Loan" refers to a short-term financing credit business where the applicant uses legally held or intended-to-purchase spot commodities stored in warehouses under Shanghai Port Group Logistics Co., Ltd. as collateral and establishes a corresponding short hedging position with the same variety and quantity of collateral at CCB Futures Co., Ltd. before applying to our bank. "Cloud Warehouse Loan" Introduction - Product Advantages "Cloud Warehouse Loan" Introduction - Business Process "Cloud Warehouse Loan" Introduction - Application Scenarios "Cloud Warehouse Loan" Special Features - Prepayment Financing The bank elaborated on the product application case of "Cloud Warehouse Loan" in inventory activation. 4. Product Series - Warehouse E-Finance "Warehouse E-Finance" is a financing product provided by Shengjing Bank for warrants registered and effective in the systems of the four major domestic commodity futures exchanges. It refers to a short-term financing business where the applicant pledges legally held or intended-to-purchase warrants registered and effective in the domestic futures exchange system to our bank and establishes a corresponding short hedging position with the same quality and quantity of goods under the pledged exchange warrant at our designated futures company. "Warehouse E-Finance" Introduction - Product Structure The bank also introduced the "Warehouse E-Finance" functions - full-process financing scenarios, "Warehouse E-Finance" application scenarios - participating in futures delivery, "Warehouse E-Finance" application scenarios - integrating basis trade, and product application cases of basis trade. 5. Product Series - Manufacturer Bank+ "Manufacturer Bank+" refers to a prepayment financing product launched by Shengjing Bank for production enterprises, spot trading platforms, and medium-sized and above traders. The bank controls the right to pick up goods or the goods themselves, with the seller or warehousing supervision agency entrusted to store the goods, and uses the seller's refund commitment or goods repurchase as a guarantee measure for the bank's credit exposure. The bank provides working capital loans to the buyer specifically for purchasing goods from the seller, and the bank notifies the seller or warehousing supervision agency to ship/release goods based on the buyer's deposited margin, forming a specific trade financing business model. "Manufacturer Bank+" Introduction - Product Structure Product Definition: "Manufacturer Bank+" refers to a prepayment financing product launched by Shengjing Bank for production enterprises, spot trading platforms, and medium-sized and above traders. The bank controls the right to pick up goods or the goods themselves, with the seller or warehousing supervision agency entrusted to store the goods, and uses the seller's refund commitment or goods repurchase as a guarantee measure for the bank's credit exposure. The bank provides working capital loans to the buyer specifically for purchasing goods from the seller, and the bank notifies the seller or warehousing supervision agency to ship/release goods based on the buyer's deposited margin, forming a specific trade financing business model. The bank also elaborated on the "Manufacturer Bank+" introduction: business process and product application cases of the comprehensive financial solutions for the industry chain. 6. Trading Platform Cooperation Plan By leveraging the online trading platform architecture, the bank achieves the locking of goods, prices, and funds, matching its "Manufacturer Bank+" and "Cloud Warehouse Loan+" products to solve the upstream enterprises' sales process downstream procurement funding shortages and in-warehouse goods transaction flow financing issues. Through the online fund payment system of the trading platform, the bank improves business operation efficiency, thereby matching financial products with shorter financing periods, achieving a full-scenario financial solution for e-commerce trading platforms. Commodity E-commerce Platforms Represent the Future Development Direction of Spot Trading "Cloud Warehouse Loan" + "Manufacturer Bank" Solves Online Full-Scene Financing Needs 7. Future Product Planning The core of product innovation lies in the innovation of risk control logic, effectively identifying business risks while capturing customer groups not reached by traditional business logic. The risk control logic centered on "goods control" helps small and medium-sized banks break through the "shackles" of the traditional risk control system targeting real estate mortgages and central state-owned enterprises, forming an innovative product system that aligns with their own characteristics, achieving higher interest margin income and deposit scale, and breaking away from the homogenized competition among banks, realizing overtaking with differentiated advantages. Product Planning - Product Design Direction Product Planning - Expansion of Pledge Types Product Planning - Expanding Cooperative Warehouses with IoT Technology Product Planning - Expansion of Price Control Methods Goal - Building a Full-Scene Financial Product System for the Commodity Industry Chain Click to view the special report on CCIE-2025SMM (20th) Copper Industry Conference and Copper Industry Expo.