Qi Huo Ri Bao·2025-06-23 16:36Core Viewpoint - The training session aims to enhance the ability of enterprises in the Xinjiang Production and Construction Corps to utilize the futures market for managing operational risks and to support high-quality economic development [1][2]. Group 1: Training and Collaboration - The training was organized by the Xinjiang Production and Construction Corps State-owned Assets Supervision and Administration Commission, the Xinjiang Securities Regulatory Bureau, and the Zhengzhou Commodity Exchange, focusing on risk management through futures [1]. - Participants included regulatory officials, representatives from state-owned enterprises, listed companies, and financial experts, discussing the role of financial derivatives in industry transformation and supply chain stability [1][2]. - The Zhengzhou Commodity Exchange has established multiple delivery warehouses for cotton and jujube in Xinjiang, reinforcing the region's position as a trade center and pricing benchmark [2][3]. Group 2: Industry Challenges and Opportunities - Enterprises face price volatility and market risks due to global economic changes, which create uncertainties in procurement, production, and sales [1]. - The Xinjiang Production and Construction Corps emphasizes the need for enterprises to enhance their understanding of the futures market and develop a skilled workforce that comprehends both futures and spot markets [2][3]. - The training highlighted the importance of using futures and derivatives for risk management, with a focus on cotton and jujube, which are key products for the region [2][4]. Group 3: Expert Insights and Practical Applications - Industry experts provided insights on macroeconomic trends, cost fluctuations, and supply chain challenges, advising on how to use futures tools for risk hedging and strategic planning [3]. - The training included discussions on the core functions of the futures market, such as price discovery and resource allocation, and how these can support high-quality development for enterprises [3]. - Practical applications of futures and options in risk management were shared, including strategies for hedging and liquidity risk control, helping participants understand how to stabilize operations and secure profits [3][4].