On October 18, China National Association of Metal Material Trade(CAMT) successfully conducted the "Risk Management Service Program – On-site Visit to Handan Zhengda Steel Pipe Co., Ltd " which co-organized by CAMT Welded Pipe Branch and Risk Management Committee, with technical support from Shanghai Entropy Information Consulting Partnership (Limited Partnership) and Soochow Futures Co., Ltd.. The virtual and in-person hybrid event focused on futures market applications, attracting over 300 senior executives and technical staff from Zhengda Steel Pipe Co., Ltd through interactive learning sessions.

The meeting was hosted by Wu Yingchuan, assistant secretary-general of the Welded Pipe Branch of CAMT.

Ms. Qian Min, Vice President of Operations at Zhengda Steel Pipe Co., Ltd stated that she is grateful to CAMT for organizing this training activity. At present, market fluctuations have had an impact on enterprises' costs, profits, and even strategic planning. Futures are not merely a financial instrument but also an advanced risk management ideology. It is hoped that everyone can learn to utilize modern financial tools and contemplate how to integrate them with their respective actual businesses, thereby bringing new ideas and methods to enterprise operations. 

Ms. Dai Sujuan, Managing Partner at Shanghai Entropy Information Consulting Partnership (Limited Partnership) delivered one pivotal session:

Under the topic of "How Spot Enterprises Can Grasp the Market and Optimize Inventory Management", Dai Sujuan conducted an in - depth analysis of how spot enterprises can accurately understand market dynamics and reasonably optimize inventory management. This provided practical strategies for enterprises to cut costs and increase efficiency. She pointed out that excellent inventory management is a core factor in maintaining competitiveness in the highly competitive industry landscape.

Liu Yuan, General Manager of Shanghai Tuoding Supply Chain Management Co., Ltd., expounded on "Fundamentals of Steel Futures". Commencing from the basic concepts of steel futures, he expounded upon the background of its emergence and the course of its development. This enabled the audience to comprehend how this financial instrument came into being in response to market demands and impetus, and gradually evolved into a crucial approach for enterprise risk management. 

Subsequently, Ms. Dai Sujuan continued her presentation on the topic of "Design of the Hedging Organizational Structure". From aspects such as the core concepts of hedging and process risks, she expounded on how enterprises can construct a scientific and rational hedging organizational structure, clearly defining the responsibilities of each department to ensure the effective implementation of hedging operations. 

Mr. Li Dianchun, the management of the Shandong Huayun New Material Co., Ltd of Jingbo Group, elaborated on "Analysis of the Application of Steel Futures Hedging" through hedging cases under different scenarios and circumstances.

He put forward the view that real - economy enterprises, equipped with extensive physical - goods channels, possess an inherent advantage in engaging with the futures market. Rational utilization of futures instruments can enable enterprises to operate in a stable manner. Whether for hedging or arbitrage purposes, the ultimate objective of using futures instruments is to reduce costs, enhance efficiency, and maximize profits for enterprises, all while ensuring that risks are kept within a manageable range.

Mr. Zhang Daopeng, a researcher at Soochow Futures Co., Ltd, presented a course entitled "Application Examples of Steel Options". Through vivid case studies and detailed, accessible explanations, he expounded on the fundamental concepts, trading strategies, and application scenarios of steel options, thus expanding the knowledge and perspectives of the trainees.

The training " Risk Management Service Program " not only provides enterprises with learning opportunities but also contributes to enhancing the overall professional competence and risk management capabilities of enterprise teams. Through a series of meticulously designed courses, which span from the reinforcement of fundamental knowledge to the in - depth analysis of practical strategies, from the construction of organizational frameworks to the exploration of option applications, participants have acquired comprehensive and systematic knowledge of futures risk management. China National Association of Metal Material Trade (CAMT) will continue to organize more high - quality training that are tailored to the actual needs of enterprises. By consistently delivering professional and all - encompassing service support to enterprises over the long term, it aims to assist enterprises in achieving stable development within the complex, dynamic, and highly competitive market environment and attaining the long - term objective of sustainable development.