Core Insights - The article highlights the resilience and growth of five Chinese polyester companies, including Hengli Group and Rongsheng Holding, amidst global supply chain fluctuations and trade tensions, emphasizing their ability to maintain steady growth [1][2] - The use of futures tools has evolved from mere risk management to a core engine driving the systematic upgrade of competitiveness in the polyester industry, reshaping pricing rules and optimizing resource allocation [1] Industry Dynamics - The competitiveness of China's polyester chain enterprises has significantly improved, transitioning from a focus on "scale and cost" to a comprehensive capability that includes "industry chain control, globalization, and financial tool application" [1] - Futures tools are now essential for price risk management in the polyester industry, providing multiple benefits such as price discovery, market transparency, and enhanced inventory management [1] Corporate Strategies - Leading polyester companies have integrated futures signals into their operational decision-making, adjusting production schedules and inventory strategies based on futures price curves [2] - The application of options tools has become more refined, allowing companies to lock in risks while optimizing profits through strategies like "futures hedging combined with selling call options" [2] Future Outlook - The rise in the ranking of these companies in the Fortune Global 500 is seen as both a result of past achievements and a starting point for future upgrades, with futures and derivatives becoming key tools for transitioning from survival competition to ecological leadership [2]

Group 1 - The provincial government aims to enhance collaboration and support for the development of the local economy, emphasizing the importance of implementing central policies and directives [1][3] - The Shaanxi Securities Regulatory Bureau is encouraged to continue supporting the stable development of the capital market, focusing on improving the quality of listed companies and fostering long-term capital to better support the real economy [1] - The Shaanxi Financial Regulatory Bureau has effectively implemented a "three-dimensional portrait" approach to local finance, which has improved fiscal supervision efficiency [2] Group 2 - The People's Bank of China in Shaanxi is recognized for its efforts in risk prevention and mitigation in key areas, with a focus on enhancing financial risk monitoring and early warning mechanisms [2] - The provincial government expresses commitment to support central units in Shaanxi, ensuring favorable conditions for their operations [3]

Group 1 - The event aims to integrate financial education into the national education system, promoting financial literacy and risk awareness among students [1][2] - The "Futures Knowledge into Campus" event and the 8th "Zhengshang Cup" National College Student Financial Simulation Trading Competition were held with the support of Zhengzhou Commodity Exchange and guidance from Shenzhen Futures Association [1] - The event received enthusiastic responses from students at Shenzhen University, indicating a strong interest in futures tools and simulation trading competitions [2] Group 2 - The event included the distribution of educational materials such as "Futures Meet Masters" and information about the competition to enhance students' understanding of futures finance and risk prevention [2] - This initiative is part of Wukuang Futures' efforts to normalize investor education, aiming to cultivate more professional talent for the financial market [2] - Future plans include deepening cooperation with universities through regular educational activities to contribute to a healthy and orderly financial ecosystem [2]

本报讯（记者 韩乐）为深入挖掘期货市场服务实体经济高质量发展的生动实践，宣传推广产业"期现结 合"的经验做法，近日，郑商所正式启动2025年"高质量发展中的期货力量"征稿活动。 据期货日报记者了解，本次征稿活动紧密围绕郑商所上市品种及相关业务，重点征集近两年在涉农主体 风险管理、中小微企业避险、绿色低碳转型、新质生产力培育、区域协调发展、国家战略物资保供等领 域的实践案例。投稿作品需立足实际问题，系统阐述运用期货工具解决市场痛点、难点的具体路径，涵 盖风险识别、方案设计、实施成效、经验启示等核心要素，突出案例的可复制性与推广价值。 据记者了解，本次征稿活动将持续至2025年9月30日，参与对象可以为个人、团队或机构。作品形式要 求为原创文章，鼓励配套提供图片、视频等多媒体素材。郑商所将组建专业评审团队，从主题契合度、 问题导向性、典型示范意义、传播适用性、经验推广价值五个维度进行严格审核。通过审核的作品将纳 入郑商所期货市场宣传素材库，并通过郑商所官方渠道及主流媒体平台进行深度传播。具体可关注郑商 所官网的相关公告。 记者采访时了解到，此次征稿活动启动后，市场反应积极。业内人士表示，此次征稿活动不仅是对期货 ...

Group 1 - The global trade environment is deteriorating, leading to a restructuring of supply chains and increased risks for companies [1] - Companies must enhance market competitiveness, maintain cash flow stability, secure raw material supply, and expand sales channels to survive [1] - Traditional business models are inadequate in the current risk-laden environment, making futures tools essential for survival [1] Group 2 - The evolution of over-the-counter (OTC) options in China reflects the transformation of the futures market in serving the real economy [2] - The futures market has shifted from a single hedging function to building an ecosystem for risk management [2] - Risk management subsidiaries of futures companies play a crucial role by providing diverse risk solutions, integrating risk management into various business processes [2] Group 3 - Recent tariff disruptions have highlighted the need for companies to upgrade their risk management strategies [2] - Companies should view options and futures as strategic resources for optimizing business models rather than merely as cost avoidance tools [2] - The introduction of more futures and options products will provide companies with safer and more efficient risk management tools [2]