以“智远”之策，筑“产业”之基——申银万国期货助力某主板电缆上市公司筑牢风险管理屏障，赋能实体企业高质量发展

Core Viewpoint - The futures market plays an irreplaceable role in serving the real economy and ensuring stable industrial operations, with Shenyin Wanguo Futures' "Shenwan Zhiyuan" brand focusing on empowering entities through professional services and sustainable development [1]. Group 1: Partnership and Development - Since 2018, Shenyin Wanguo Futures has collaborated with a major listed cable company to enhance its risk management system, evolving from a learner of hedging concepts to an expert in risk management [1][9]. - The cable company is a core supplier in China's marine and land cable sector, recognized for its technological innovation and quality management, ranking among the top 10 global submarine cable companies and the top 100 listed companies in China [1]. Group 2: Business Model and Challenges - The company operates on an order-based model, primarily producing offshore cables for wind power, with order cycles ranging from 3 to 6 months, and some extending to 1 year, posing significant challenges in cost control due to raw material price fluctuations [2]. - Despite the willingness to engage in futures hedging, the company faces difficulties due to a lack of professional risk hedging talent, a common issue among large enterprises and listed companies [2]. Group 3: Training and Capacity Building - Shenyin Wanguo Futures designed a four-stage training system tailored to the cable company's operational characteristics, covering different levels and roles within the organization to enhance hedging capabilities [3]. - The first stage focuses on concept dissemination for executives and key department managers, establishing a solid foundation for the company's hedging operations [4]. - The second stage provides practical training on futures operations for mid-level managers, ensuring a comprehensive understanding of the hedging process [5]. - The third stage aims to enhance the professional skills of core personnel in the futures department, creating a proficient team for hedging operations [6]. - The fourth stage involves performance assessment training for senior management, integrating hedging activities into the overall cost assessment framework of the company [7]. Group 4: Comprehensive Service and Results - Shenyin Wanguo Futures offers a full-cycle service that includes training, implementation, review, and optimization of the hedging process, significantly improving the cable company's risk management capabilities [8]. - The collaboration has led to the establishment of a robust hedging and risk control system, effectively mitigating risks from raw material price fluctuations and stabilizing processing profits [8]. Group 5: Commitment to Service and Future Outlook - Shenyin Wanguo Futures remains committed to its mission of risk management and empowering industries, focusing on tailored risk management solutions for various enterprises [10]. - The company plans to deepen the "Shenwan Zhiyuan" brand by developing four key support pillars, including an AI hedging platform and risk management training platform, to further integrate financial tools with industrial practices [10].