Field visits to sugar producing areas to ensure safe business operations
Release time:
2022-08-31
In order to effectively control the operational risks of the commodity business, expand the sugar in stock business area, understand the sales policies of sugar manufacturers, and realize the safe and efficient development of the sugar business. Feng Lei, chief accountant of the State-controlled Food Company, and Ma Lijun, manager of the bulk commodity department, went to Yunnan, China's second largest sugar producing area, for a five-day field visit and customer visits on August 15.
Feng Lei and his party visited five companies including Yunnan Dianzi Biological Industry Co., Ltd., Yunnan Kunpeng Agricultural Products E-commerce Wholesale Market Co., Ltd., and Yunnan Yingmao Sugar Industry (Group) Co., Ltd. And with Yunnan Nanhua Sugar, Yunnan Shenghuaxiang Trading Co., Ltd., Kunming Shengtang Trading Co., Ltd. and other enterprises in-depth exchanges.
Through the inspection and visit, one is to have a more accurate understanding of the capital risk of sugar-related business, the transfer risk of goods rights, the risk of goods storage and transportation, the risk of bills and so on. And on the above-mentioned risk control carried out a detailed exchange, improve the level of risk management. The second is to exchange and learn the current operation mode of the bulk market. In particular, the use of the combination of futures and cash in the sugar business has been exchanged for experience, expanding the business operation ideas of state-controlled food companies. Third, the current macroeconomic situation, industrial policy, industry production and marketing progress, consumer demand, sugar price trends, channel advantages and so on. It increases the stickiness between partners and shorts the distance between them. The fourth is to further understand the credit and management status of the interviewed companies, and promote the business carried out by our company, enhance mutual trust, and lay the foundation for effectively strengthening the current and expanding future cooperation prospects.
At present, domestic and foreign macroeconomic pressure downward, sugar consumption is decreasing, add sugar source short-term multi-directional supply concentration and other factors, sugar price downside risk is still not lifted. Through this inspection and exchange, we have absorbed business experience and enhanced business operation confidence. The State Control Food Company will continue to implement the decision-making and deployment of the State Control Group's "benefit year", with a focused and professional attitude and action, in various business sectors Carefully work to ensure that the company is stable and far-reaching.
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