Yueyang Bangsheng Industrial Co., Ltd. is a state-owned platform enterprise in Yueyang Chenglingji comprehensive bonded zone. It was established in 2019 with a registered capital of 500million yuan. It is mainly responsible for the construction of the platform for the import and export of bulk agricultural products and grain international trade in the comprehensive bonded zone, and its main business model is the supply chain financial agency service of self support and international trade. In the second half of 2021, the company officially carried out the pilot operation of import and export foreign trade business independently, aiming to build an international bulk agricultural products whole industry entity enterprise integrating supply chain, warehousing, logistics and agricultural products trading center. The company now has 4 wholly-owned and holding subsidiaries, and will increase the company's scale and total business volume in the later stage in the mode of collectivization.

1、 Company operation

The company always adheres to the principle of risk first, focusing on scale and efficiency, and strives to strengthen and build the "four platforms". First, strengthen and build an international supply chain platform. We will continue to deepen cooperation with CNOOC cereals and Oils Group, continue to extend the international and domestic markets, strive for bank credit support to exceed 10billion yuan, and strive to increase the business volume of imported corn, soybeans, spices, feed meal and other categories. Second, strengthen and build the inland river logistics storage platform. Introduce the operation concept of "taxi company", integrate the inland river transport fleet, speed up the layout and construction of grain bonded (regulatory) silos along the Yangtze River Basin, establish and improve the logistics and storage system along the Yangtze River Basin, and protect the safety of imported and exported grain and other commodities. Third, strengthen and build the international procurement chain platform. Taking the overseas (Hong Kong) branch as the platform, it is responsible for purchasing imported agricultural products for overseas suppliers and providing services for the export of domestic goods, gradually realizing the transformation of trade mode from CIF to fob, and ensuring that logistics, warehousing, point pricing, futures hedging and other elements are more competitive. Fourth, strengthen and build an international commodity trading platform. Yueyang agricultural products trading center Co., Ltd. was established in the Yueyang free trade area. Taking condiments (black pepper, white pepper, cumin, green pepper, star anise, etc.) as the starting point, it carried out bulk commodity trading business projects between spot and futures, further enriched agricultural products, and further strengthened the international commodity trading platform. The company strives to build itself into an industry-leading and domestic first-class listed company through five years of efforts.

2、 Organizational structure of the company

At present, Bangsheng company has set up six internal institutions, namely, the general management department, which are responsible for the daily administrative affairs, logistics support, file management, organization and personnel, etc; The asset management department is responsible for the preliminary feasibility study, project approval, construction application procedures and other matters of the company's engineering projects, as well as the operation and management of the company's assets; The finance department is responsible for managing and coordinating economic activities related to the company's finance; The investment and financing department is responsible for financing planning, financing management, policy analysis and research. The international trade department is responsible for the company's import and export grain trade, agency business development and other work. The risk management and control department is responsible for participating in the risk management and control in the process of international trade. At present, the company has a total of 22 employees, including 2 appointed by the Management Committee of the comprehensive bonded area to be responsible for the management of the company (Liu Guanghui, director of the enterprise service bureau, is fully responsible for the operation and management, and zhuyongke, deputy director of the office, assists in the preparation and daily management of the company). At the same time, A deputy general manager was identified (Li Nan, in September 2021, when Bangsheng company was a subsidiary of Guansheng company, mainly responsible for the development of the company's international trade business). The financial and legal work functions and personnel of the company are currently concurrently held by Guansheng company.