On July 14, Guangzhou Futures Exchange announced the list of designated delivery warehouses for lithium carbonate futures, and C&D Logistics Group, a wholly-owned subsidiary of C&D (600153.SH), became one of the first designated delivery warehouses for lithium carbonate futures. As of now, C&D Logistics operates six futures delivery warehouses, including pulp, PTA, industrial silicon and the latest Lithium carbonate.

It has been reported that C&D Logistics has established a professional business research team to conduct in-depth research on industrial customer demand for newly listed varieties of lithium carbonate futures. Additionally, it has successfully matched high-quality warehousing resources and become the first batch of designated delivery warehouses of the Guangzhou Futures Exchange. Furthermore, C&D Logistics has arranged a series of professional training sessions, invited industry experts to give lectures to the delivery warehouse management team, and conducted in-depth research and study of various rules and regulations of the exchange, maintaining close interaction with the exchange.