Shanghai CIFCO futures Co., Ltd. (SHCIFCO for short) is an independent incorporated company approved by China Securities Regulatory Commission and State Administration for Industry & Commerce. The registered capital of SHCIFCO is 2 billion RMB, and our largest shareholder Yankuang Group Co., .Ltd. is an important estra-large SOE in China. Yankuang Group is an enterprises experimenting corporation of the modern enterprise system which has total capital of 53.8 billion RMB, and its sub-company, Yanzhou Coal Mining Company Limited, is the first company that came into the market in New York、Hong Kong、Shanghai at the same time. Shanghai CIFCO Futures Co., Ltd. is member of Shanghai Futures Exchange(member no.008)、Dalian Commodity Exchange(member no.0135) and Zhengzhou Commodity Exchange(member no.0179).