郑商所：构建“点链面”矩阵 为企业避险提供“稳定锚”和“推进器”

Group 1 - The 2025 China (Zhengzhou) International Futures Forum commenced on August 19, focusing on "Innovation in Futures Markets and Risk Management for Industrial Enterprises" [1] - The China Listed Companies Association indicated that listed companies are increasingly utilizing futures and derivatives for risk management amid complex economic conditions and significant commodity price fluctuations [1] - Manufacturing companies are the primary users of hedging, particularly in the chemical and agricultural processing sectors, facilitating industrial upgrades and overseas expansion [1] Group 2 - Zhengzhou Commodity Exchange (ZCE) emphasizes the importance of a "safe, standardized, transparent, open, vibrant, and resilient" futures market as a stabilizing anchor and a driving force for industrial enterprises [2] - ZCE has listed 47 products, creating a comprehensive toolset for industries to hedge against risks, including polyester, coal chemicals, and agricultural products [2] - The exchange adopts a service-oriented approach to address the pain points of industrial enterprises in participating in the futures market, enhancing service quality and efficiency [2] Group 3 - Multinational commodity trading companies face various risks in their operations and increasingly rely on derivatives as effective risk management tools [3] - There is a growing trend among commodity trading firms to use futures and options to manage risk exposure, stabilize profits, and ensure operational control [3] - A roundtable discussion highlighted key points on risk prevention for industrial enterprises participating in the futures market [3]