From the bottom of the 300,000 tons of copper concentrate, "disappear out of thin air": 13 main goods are the main rights, Qin and Hong Kong shares have issued no responsibility statement, unlicensed or non -industry cases

China Times (chinatimes.net.cn) reporter Ye Qing Beijing report

Since the beginning of this year, non -ferrous metal spot warehousing industry has been constantly. In June, the Huaxia Times reported "Shen Wanhongyuan's subsidiary suspected of being involved in aluminum ingot repeated pledge cases: 230 million yuan of storage and unable to pick up the goods in the industry has been suspended? "Case.

In August, a freight forwarding company in Qinhuangdao revealed suspected violations. The incident involved nearly 300,000 tons of imported copper concentrate, and it is expected to be about 6 billion yuan.

The reporter called the company, and the staff said that things are dealing with and are not convenient to express their positions.

With the continuous fermentation of the incident, a listed company issued an announcement involving the matter. On August 15, Qin and Hong Kong Co., Ltd. (601326.SH) stated in an announcement that "300,000 tons of copper concentrate worth 6 billion yuan by 300,000 tons of copper concentrates with a total value of 300,000 tons of copper concentrates by third parties will be transported without a single luck. In the event, the company did not participate in this trade dispute, nor did it enter the lawsuit as the defendant.

In response to some details in the incident, the reporter sent an interview letter to Qingang. As of press time, the other party did not respond positively.

The freight forwarding company claims that the police have filed a case

On August 14, First Financial reported that 13 companies purchased a number of copper essence mines to Qinhuangdao Port. In the absence of the owner's instructions, nearly 300,000 tons of copper concentrates were transported away by third parties.

"Huaxia Times" reporter recently received a similar report letter. The report letter stated that before and after August 1, 2022, Qinhuangdao Foreign Logistics Co., Ltd./China Qinhuangdao Foreign Wheel Agency Co., Ltd. notified that most of the copper essence of copper essence (reporter) of 13 copper essences (reporters) was lost, and the number of goods involved in the case was about 29. 10,000 tons, the owner of the copper essence is required to rush to Qinhuangdao Foreign Logistics Co., Ltd. to discuss related matters.

Tianyancha shows that the Qinhuangdao Logistics Company is a wholly -owned subsidiary of the Qinhuangdao Agency Company of China Qinhuangdao, and the actual controller of the latter is Hebei Port Group Co., Ltd. (hereinafter referred to as "Hebei Port Group").

Hebei Port Group is also the actual controller of Qingang. As of the end of 2021, the former's shareholding of the latter reached 54.27%.

The report letter said that on August 2nd, 13 reporters in the conference room of Qinhuangdao Logistics Co., Ltd. asked Qinhuangdao Outside Logistics Co., Ltd. and Liu Yu, who was involved in the case. Company/China Qinhuangdao Outer Run Agency Co., Ltd., with Ningbo He Sheng International Trade Co., Ltd./Huludao Ruisheng Trading Co., Ltd. (Liu Yu's two -family affiliated company), colluded with each other. Private privately will be stored in about 290,000 tons of copper sedge mine in Qinhuangdao Foreign Logistics Co., Ltd. illegal extraction and sale.

On the afternoon of August 17th, a reporter from Huaxia Times called Qinhuangdao Outside Logistics Co., Ltd., the staff said that things are dealing with it, and it is currently inconvenient to express the copper concentration incident.

The telephone and mailbox announced by China Qinhuangdao Foreign Run Agency Co., Ltd. is consistent with Qinhuangdao Foreign Logistics Co., Ltd.

When the reporter clicked on the link of the official website of China Qinhuangdao Outer Wheel Agency Co., Ltd., the reporter found that the content it showed was an announcement released on August 15: Since the copper concentrate incident, our company has a high responsibility for customers. Coordinate all parties, make every effort to actively carry out various tasks; at present, public security organs have filed a case, and related work is under investigation according to laws and regulations; the progress of the incident will be released in time.

The listed company claims that it is obliged to verify the actual owner's identity

Qingang Co., Ltd. mentioned the relationship between several parties in the case on August 15th: Recently, the company was paying attention to the media reported that Qinhuangdao Port Copper Sein Mine Deba was reported. The 300,000 -ton copper concentrate was transported away by third party Liu Yu. The 13 cargo commissioned China Qinhuangdao Foreign Wheel Agency Co., Ltd. and Qinhuangdao Foreign Logistics Co., Ltd. and other two freight forwarding companies to do customs declaration and cargo warehousing; freight forwarding companies signed port operation contracts with the company.

How did the goods "disappear" at first? The answer is that the freight company called the cargo owner and said that there was a problem with the goods. The so -called cargo generation company is a company that accepts client commissioned and helps customers complete certain links of cargo transportation. These links include customs declaration, acceptance, receipt, and so on.

So, why is the copper segrance disappeared, but the owner does not know? Which party should be responsible for this incident? In this regard, Jing Chuan, chief economist of the large futures in the product, told the reporter of the Huaxia Times that imported copper sedthrings usually enter the designated warehouse after importing through the agency declaration. In this cycle, the warehouse receipt should be the corresponding relationship with the goods. But sometimes, some warehouses use the redundancy of the outbound rate for mortgage or sale, which will cause the warehouse cargo that is not corresponding. After that, the warehouse will buy back the goods in the future to make up for the lack.

Before making up for the shortcomings, if the cargo owner is shipped, the risk incident is exposed. Jingchuan said that in the process, the warehouse side naturally had records and could be checked. However, because it does not correspond one by one, as long as the cargo owner can pick up the goods normally, it is difficult for the owner to find the change. Therefore, it is not known. Once the goods are concentrated, the owner cannot find the problem to find the problem. Among them, the warehouse party cannot be shown.

Analysts of a Beijing futures company told the Huaxia Times that because the goods are supervised by the pier, the owner has long trusted the dock for a long time, and often does not check the goods in person. There are outs and out every day, so they do not know their goods have been transferred away. Sometimes the owner of the cargo will stack the copper segrance for a long time on the dock. When there are not so many places in the factory, it may be possible to transfer trade in the next step to facilitate transportation at the pier; freight forwarding and docks may be responsible. The freight forwarding company, the Qinhuangdao Outside Logistics Co., Ltd., China Qinhuangdao Foreign Run Agency Co., Ltd. In the incident, the port operation service serves Qingang shares.

However, on August 15th, Qinang shares stated in the announcement that the company did not participate in the trade dispute, and the company did not enter the lawsuit as the defendant. As a port enterprise, it provides port operation services, signing two parties with the freight forwarding company, entering and exiting the library in accordance with the instructions of the freight forwarding company, further verifying the actual owner's identity and obtaining the consent of the owner. The cargo generation company and the company's same controlling shareholder Hebei Port Group Co., Ltd., but the two cargo generation companies have no relationship with the company, and Liu Yu also has nothing to do with the company.

"Unlicensed goods" may not be an industry example

Another question in this case is that Liu Yu and Qingang have nothing to do with Qingang. Some analysts believe that it may involve the unlicensed industry hidden rules.

Li Jinsao, a bronze analyst at Yide Futures, told the reporter of "Huaxia Times" that from the information disclosed at present, there may be irregular operations that have no single -handed goods in the freight forwarding company involved. The commodity business chain is mature. After a long time, the operation of the industry may not be an example in the industry. This is somewhat similar to the problems exposed by the repeated pledge of aluminum ingots. The cargo generation company has a lack of responsibility for the main body of cargo supervision and monitoring.

Wang Yingying also told the Huaxia Times that the problem of unlicensed goods may exist for a long time. Nonferrous trade is to pay first and then pay. Copper concentrates are often stacked in the dock. It is relatively common in the industry and the deadline for pledge, tray, and pledge. In the process, if fraud, risk control is not strict, it is easy to occur.

"At the same time, the colored circle is relatively small. Everyone knows each other. People in many industries have always been very large and famous in the market. Trading opponents will trust them relatively. Fang's habit is very clear, and some loopholes of the other party may be used. Although the color trade is large, the profit is very low, such as electrolytic copper trade, one ton of profit is only about 5 yuan/ton. Sales and other behaviors can provide huge profits for illegal people. "Wang Yingying said.

Jingchuan also analyzed to reporters that there is a possibility that 300,000 tons of copper concentrate should be part of the entire warehouse. Due to the homogeneity of copper concentrate, it is difficult to find that the general cargo owner's pick -up is not affected, it is difficult to find A large number of copper concentrates have been removed by third parties. In the future, if copper concentrates fall in a certain period of time, the third party will buy the same amount of copper sedent ore to supplement, and the owner will usually not find it. In a sense, this operation is short of spot and seek speculative Liu Run.

Li Jinsao said that the current credit system of domestic storage and logistics is not perfect. This incident also sounded the alarm for the warehousing and logistics industry. The warehousing logistics was the infrastructure of the commodity market. Frequent problems would definitely cause the industry to strengthen supervision. Storage and logistics companies need to promote the digitalization process of information, improve information transparency and efficiency, and strengthen the construction of credit systems.

Wang Yingying also said that it is expected that the supervision will strengthen management and strengthen the review of the actual situation of the trade. They cannot only stay at the written agreement, and respond to the storage of goods, suppliers to conduct on -site inspections, continuous follow -up, and outsourcing. Even if the warehouse receipt has clearly clarified the quality and quantity of the goods, it should still be verified to strengthen the review of the source of goods, trade purchase and sales contracts, invoices, payment vouchers, etc.

In addition, some people in the industry are worried that the incident involves nearly 300,000 tons of copper concentrate, which may have an impact on the futures market.

In this regard, Wang Yingying told the Huaxia Times that at present, there is no impact on the futures market price. The impact is only at the level of traders, because copper sedental mining has not disappeared, but has been sold by secondary sales. In the spot market, and now the copper sedge inventory of the smelter is very sufficient. Recently, many smelting factories have reduced production due to electricity restrictions and other reasons.

Editor -in -chief: Ma Xiao Chao Editor: Xia Shencha

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