In July 2015, SMM Trading Center Co., Ltd. embarked on an exploration of a fully online spot cargo trading model for bulk commodities with a simple goal: to make commodity trading more efficient, safer, and lower cost.
A decade later, these initial explorations have yielded preliminary results: over 7,900 registered traders have joined, and the annual transaction volume is about to hit 700 billion yuan. The platform has established a comprehensive service system covering spot trading, price discovery, and supply chain finance.
Every step of this growth journey has relied on the partners who have stood by our side:
The Commodity Clearing Net (CCNet) of Shanghai Clearing House has made the flow of payments safer and more efficient;
Cooperative warehouses such as SIPG i-Warehousing have ensured the delivery of goods;
The blockchain infrastructure from Pujiang Shulian Company has significantly enhanced the credibility of platform data;
Supply chain financing services from financial institutions like Bank of Communications have injected vitality into the industry;
The support and trust from numerous industry clients, including Tianqi Lithium, Huayou Cobalt, Wanhua Chemical, and Eagle Metal have also given us the strength to remain true to our original aspirations.
Most importantly, the guidance and support from government departments and industry associations have enabled us to advance steadily and sustainably on a compliant path.
A decade of honing has sharpened the blade, yet its edge remains untested. In the future, the trading center will continue to collaborate with all parties, exploring innovation with a more open attitude and promoting development with more pragmatic actions, deeply integrating digitalization into every segment of the industry to jointly write the next chapter of the coming decade.
