Shanghai Futures Exchange Agrees to Zhejiang Merchants Zhongtuo Group Logistics Technology Co., Ltd. Relinquishing Aluminum and Zinc Futures Delivery Warehouse Qualification

The Shanghai Futures Exchange issued an announcement recently. The exchange received a related application from Zhejiang Merchants Zhongtuo Group Logistics Technology Co., Ltd. According to the “Shanghai Futures Exchange Delivery Warehouse Management Measures” and other relevant regulations, after research, the decision is as follows:

  1. Agree that Zhejiang Merchants Zhongtuo Group Logistics Technology Co., Ltd. waives its qualification as a delivery warehouse for aluminum and zinc futures, and cancel the storage address at No. 117, Guanghai Avenue West, Yundonghai Street, Sanshui District, Foshan City, Guangdong Province, with a verified capacity of 20,000 tons for aluminum and 20,000 tons for zinc.
  2. From the date of this announcement, Zhejiang Merchants Zhongtuo Group Logistics Technology Co., Ltd. will no longer carry out any business related to aluminum and zinc futures delivery warehouses at the Shanghai Futures Exchange.
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