1. Stable and safe spot purchase and sale service in China and overseas
With the strong credit and capital strength of state-owned shareholders, Wuxi National Development Metal Resources Ltd., operated as a platform, has actively participated in the procurement and sales on non-ferrous metal spot markets in China and overseas. So far, it has carried out business with several core enterprises in Europe, Latin America, North America, Africa, Asia and other regions, and has established a global industrial chain business cooperation network covering global smelters and traders, terminal processing enterprises, warehousing, logistics, banking, brokers, among others. Whether you are a smelter or a processing enterprise, the company will combine its own advantages at home and abroad, effectively and reasonably match customers’ purchase or sales demand in any stage of supply and demand on the spot markets, and inject liquidity into the markets.
2. Professional and efficient cross-border import supporting services
Wuxi National Development Metal Resources Ltd. has established cooperative partnerships with such major copper mine producers as Codelco, BHP, Aurubis, Antofagasta, Grupo México, KAZ Minerals.
When domestic and foreign metal markets have regional price or fluctuation of supply and demand, the operation team, with its swift market tentacles and rich global resources, can meet the diversified needs of customers in a series of cross-border businesses, including cross-border L/C negotiation, goods import declaration, customs clearance and delivery to the factory.
3. Financial services of highly competitive price
As the subsidiary of Wuxi Industry Development Group Co., Ltd, a comprehensive state-owned enterprise, Wuxi National Development Metal Resources Ltd. has strong capital advantages and a professional risk control management system. The company has established a good cooperative relationship with foreign banks such as ABN AMRO, ICBC Standard Bank and HSBC, and has a credit of hundreds of millions of US dollars. At the same time, it has become a strategic partner with nearly 100 domestic banks and their branches. Whenever you want to purchase goods by means of bank acceptance, letter of credit, etc., Wuxi National Development Metal Resources Ltd. will provide you with financial services of competitive market price and reduce your purchasing costs by virtue of its large-scale operation advantages and strategic banking resources.
4. Various value-added services derived from spot trade
With its years of experience in spot markets at home and abroad, perfect logistics network, rigorous risk control system and first-hand information resources, Wuxi Industry Development Group Co., Ltd has been able to provide a series of value-added services derived from spot trade, including trading position management, spot inventory management, import and export trade agency, industry information report, bulk goods transaction management system construction, etc. for business partners in need, and share market value with them.
We limit our counterparty risk by adopting strict contractual terms with no exposure. We do background check for each customer before closing any deals and annual review to evaluate the current status of customer.
Market risk is managed and monitored our own trade data processing system. Any outright price risk exposure arising from the physical contracts will be strictly hedged using the derivatives market.
An external legal company is hired to manage all legal aspects of our business.
All transactions are recorded and approved in our self-developed system. Our risk team ensures that the design of our procedure is risk-free and routine checking is done daily.
