On September 11, 2025, Guangxi Qinzhou Bonded Port Area Jushen International Logistics Co., LTD. (hereinafter referred to as "Qinzhou Jushen") successfully completed the first batch of designated pallet delivery business for log futures. The subject of this delivery is imported logs from New Zealand. This is the first time that Guangxi has carried out log futures delivery. This achievement not only marks a crucial step for Qinzhou Jushen in the field of another new type of commodity futures and spot integration, but also adds an important stroke to the improvement of the commodity futures delivery system in Guangxi.
On November 14, 2024, the Dalian Commodity Exchange announced that Qinzhou Jushen has become the designated delivery venue for log futures on pallets. Since its approval, Qinzhou Jushen has been actively promoting the full-process related work of log delivery. It strictly divides the dedicated delivery area in accordance with the requirements of the exchange, equips professional loading and unloading equipment and monitoring and control systems, and lays a solid hardware foundation. At the same time, a special task force was formed to sort out the key links of delivery, participate in the special training of the exchange, formulate operation norms and emergency plans, and conduct simulated delivery drills to ensure that the team has professional operation capabilities, making full preparations for the successful completion of the first log futures delivery in Guangxi.
Qinzhou Jushen, as a wholly-owned subsidiary of Jushen Group, has accumulated rich experience in logistics and warehousing since its establishment in 2020. Meanwhile, the group's subsidiaries have collectively obtained the qualifications of 10 designated warehouses for futures delivery from 4 domestic futures (commodity) exchanges (Shanghai Futures Exchange, Guangzhou Futures Exchange, Zhengzhou Commodity Exchange, and Dalian Commodity Exchange). Covering multiple categories such as aluminum, copper, zinc, tin, alumina, stainless steel, cast aluminum alloy, industrial silicon, cotton yarn and logs, it has formed standardized business operation processes and risk prevention and control methods in long-term business, which has helped the log futures delivery business of Qinzhou Jushen to start smoothly and advance smoothly.
Qinzhou Jushen conducts log futures delivery business and enjoys a unique geographical advantage and industrial foundation. Qinzhou Bonded Port Area is located on the southern coast of China and is an important logistics hub connecting China and ASEAN. The surrounding wood processing industry is well-developed, providing sufficient spot resources for the delivery of log futures. It also facilitates related enterprises to participate in the futures market and effectively manage price risks through hedging and other means.
With the continuous development of the bulk commodity market, Jushen Group will further leverage its advantages in multi-category designated delivery qualifications, continuously optimize service processes and enhance service capabilities, providing customers with more diversified and high-quality services to contribute to the high-quality development of the real economy.
