黄土高原上的“金融苹果”——延长果业的期现融合实践路

Core Viewpoint - The apple industry in Yan'an, Shaanxi Province, led by the China Supply Group Yanlong Fruit Industry Co., Ltd., is integrating futures and spot markets to drive local economic development and create unique growth opportunities [1][2]. Group 1: Company Overview - Yanlong Fruit Industry was established in 2017 as a key player in the apple industry, focusing on a "warehousing + trade" model to create a comprehensive service platform that includes online and offline sales, logistics, sorting, and supply chain services [2]. - In May 2021, Yanlong Fruit Industry obtained the qualification for apple futures delivery warehouses, marking its entry into the national financial market [2]. - For the 2024 fruit season, the company stored 20,836.81 tons of apples, achieving a sales revenue of 1.414 billion yuan [2]. Group 2: Futures Market Integration - Yanlong Fruit Industry has successfully provided delivery services for 230 futures contracts (2,300 tons) to 27 clients, establishing itself as a benchmark for futures delivery services in the region [3]. - The company has implemented a high-standard construction of futures delivery warehouses to ensure proper storage conditions, reducing disputes and risks associated with futures delivery [2][3]. Group 3: Risk Management Strategies - The company has faced challenges from price volatility due to increased production and decreased consumption, leading to a proactive approach in risk management through real-time inventory monitoring and futures market hedging [4][5]. - In 2024, approximately 60% of the company's annual operating volume was covered by hedging strategies, effectively stabilizing operational profits despite market fluctuations [5]. Group 4: Community and Agricultural Support - Yanlong Fruit Industry participated in a pilot project combining "order purchasing + insurance + futures + delivery," successfully purchasing 1,973.67 tons of apples at a minimum price of 5 yuan per kilogram, benefiting local farmers [5][6]. - The project addressed issues such as "high yield but low income" for farmers and "difficulties in order fulfillment" for companies, enhancing collaboration between the company and local agricultural producers [6]. Group 5: Educational Initiatives - As a part of the Zhengzhou Commodity Exchange's production and finance base, Yanlong Fruit Industry has taken on the role of educating farmers and businesses about futures knowledge and delivery standards through workshops and one-on-one guidance [7]. - The company aims to increase awareness and understanding of financial tools in the apple industry, promoting high-quality development through financial empowerment [7].