Gelonghui, April 10 | Caibai Co., Ltd. (605599.SH) said on the interactive platform that since the establishment of the Shanghai Gold Exchange in 2002, the company has been one of the first comprehensive members and has a gold spot trading seat at the Shanghai Gold Exchange. The company operates under a full direct management model, and has a fast inventory turnover. It uses the multi-batch and small-batch procurement principle of “procurement by sales”, which reduces the risk caused by fluctuations in gold prices. The company cooperates with many banks to develop gold leasing business and hedge against the risk of gold price fluctuations through gold T+D contracts.
菜百股份(605599.SH)：与多家银行合作开展黄金租赁业务
Caibai Co., Ltd. (605599.SH): Cooperate with a number of banks to develop gold leasing business
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