“DCE·产业行”走进宜昌 衍生工具筑牢企业“防波堤”

Core Insights - The training session titled "DCE·Industry Action - Futures Derivatives Market Serving Yichang's High-Quality Development" was successfully held in Yichang, Hubei, focusing on key industrial chains such as modern chemical new materials, life health, new energy, and high-end equipment [1] - The event aimed to enhance companies' capabilities in utilizing futures and derivatives, injecting new momentum into Yichang's industrial high-quality development [1] - Yichang's GDP is projected to exceed 600 billion yuan in 2024, highlighting the urgent need for manufacturing quality improvement [1] Group 1 - The Dalian Commodity Exchange (DCE) emphasizes that serving the real economy is fundamental to the futures market, aiming to optimize contract rules and delivery systems to better assist enterprises [1][2] - DCE has implemented various initiatives in Hubei, such as establishing industrial-financial bases and conducting one-on-one training for leading enterprises, transforming many companies from observers to active participants in the futures market [2] - The collaboration between Yichang's solid industrial foundation and DCE's comprehensive market system is expected to facilitate financial resources flowing into the industrial sector, benefiting more enterprises [2] Group 2 - The training included a comprehensive overview of the futures and derivatives market, highlighting the core concepts and functionalities, such as price discovery, risk management, and resource allocation [3] - The evolution of risk management strategies from basic hedging to more sophisticated quantitative tools was discussed, along with practical experiences in using futures contracts for cost and profit stabilization [3] - The training also covered the professional requirements and auditing points of hedge accounting, emphasizing the importance of distinguishing between hedging and speculative trading [4] Group 3 - DCE plans to deepen cooperation with the Yichang government through specialized training and the construction of industrial-financial bases to better serve the economic development of Yichang [4]