Core Viewpoint - The "Insurance + Futures" model is an innovative agricultural risk management approach that combines agricultural insurance with the futures market to provide price protection for farmers and agricultural enterprises [1][2] Group 1: Product Overview - The "Insurance + Futures" model aims to transfer market price volatility risks through insurance and hedge the risks on the insurance side via the futures market, thereby reducing income uncertainty for farmers and enhancing the risk resilience of insurance companies [1] - The model has been recognized as a "Typical Inclusive Finance Product" in Shandong, with the cotton target price provincial "Insurance + Futures" model being implemented for five years, covering 489,000 farmers and 2.172 million mu of cotton, with a project amount of 2.756 billion and total compensation of 312 million, resulting in a compensation rate of 129.77% [1] Group 2: Company Initiatives - Since 2016, the company has been a pioneer in the "Insurance + Futures" pilot projects, launching over 650 projects across 22 provinces, covering 13 agricultural products, with a total guaranteed spot scale of 2.21 million tons and project amounts exceeding 12 billion, providing nearly 480 million in compensation to farmers [2] - The company has consistently ranked in the top 10 in the "Insurance + Futures" special evaluation by the China Futures Association, establishing a strong reputation for financial services in agriculture [2] - Future plans include optimizing product pricing and risk hedging for the "Insurance + Futures" model, designing localized price risk product solutions to support farmers' income growth and contribute to rural revitalization [2]
中泰期货棉花目标价格省域“保险+期货”模式，为乡村振兴注入金融动能