Jierong Steel Spot Network s Jierong Steel Spot Network Electronic Trading Market Trading Rules

Jierong steel spot network launched by Shanghai Jierong e-commerce is provided by China Investment Guarantee (hereinafter referred to as CIIC) to provide financing guarantee, China Investment Information Technology to provide technical support, set a variety of financing functions in one, upstream and downstream industrial chain in one, can carry out liability transactions, open and comprehensive steel spot e-commerce platform. Jierong steel spot network took the lead in introducing a new financing transaction model, the trading platform and the bank settlement system, warehousing and logistics system to achieve seamless docking, breaking the limitations of traditional steel, to achieve the customer's full electronic information in the operation, not only to ensure the authenticity of the transaction, but also to open up the rapid financing channels, breakthrough to achieve the integration of capital flow, information flow and logistics, through professional and efficient management services, for the supply and demand sides to establish a fast and convenient information channel and integrity bridge.

Jierong steel spot network is Shanghai Jierong e-commerce is provided by China Investment Guarantee (hereinafter referred to as CIIC) to provide financing guarantees, China Insurance Information Technology to provide technical support, set a variety of financing functions in one, upstream and downstream industrial chain in one, can carry out liability transactions, open and comprehensive steel spot electronic business platform. The company took the lead in introducing a new financing transaction model, seamlessly connecting the trading platform with the bank settlement system and warehousing and logistics system, breaking the limitations of traditional steel and realizing the full electronic informatization of the customer's operation, which not only ensures the authenticity of the transaction, but also opens up the rapid financing channels, and breaks through the integration of capital flow, information flow and logistics, and establishes a fast and convenient information channel and integrity bridge for both supply and demand sides through professional and efficient management services.

The multi-party cooperation between Jierong and steel trade customers, warehousing enterprises, China Insurance and banks focuses on mutual support and mutual promotion, and is based on building a win-win pattern that not only shares development opportunities, but also provides more space for each other's development. The core financing services of the company's platform are embedded with a variety of high-efficiency and low-cost financing models, which truly realize the chain financing function, which not only revitalizes upstream and downstream funds, but also helps to control the flow of funds to reduce business risks. The main types of financing services provided by the platform are:

General financing guarantees, financing guarantees for targeted purchases of key customers, and pawn financing guarantees. Customers who have obtained financing credit can use flexible financing leverage in the platform to truly realize the dual amplification of capital and profit scale.

Jierong's warehousing and logistics system and trading platform are the first in the industry to achieve a truly seamless connection, based on the actual warehousing data in the transaction process, and ensure the real existence and circulation safety of spot resources with a perfect electronic information system. On the premise of satisfying the basic needs of customers, the effective integration of financing, warehousing and logistics and settlement and payment reflects the characteristics of convenient, authentic, honest and safe transactions. Sun Bang Jierong has a system operation team with professional quality, rich experience and strong execution; Relying on years of experience in information analysis and research of the steel industry and electronic trading of bulk commodities, as well as the backing of the China Insurance Guarantee Financing Project, Jierong's team will provide comprehensive financial, warehousing and circulation protection for steel mills, first-class circulation enterprises, warehousing and logistics enterprises and end users.

In the future, Jierong will continue to focus on platform construction, continuously improve management and service levels, and provide one-stop and all-bright steel spot electronic trading services for steel enterprises and upstream and downstream links.