Qingdao Luyin Precious Metals Trading Center Co., Ltd. (hereinafter referred to as "Trading Center") is a spot precious metals trading center approved by Qingdao Municipal Bureau of Commerce. It is affiliated to Qingdao SME Trade Development Center, and its main business is precious metal spot sales, trade and e-commerce services. The trading center will strictly follow the spirit of document 1998. Guofahe No.201138 Yinfa No.2011,adhering to the principle of "openness, justice and fairness; Professional, honest, win the principle of * * *, with the purpose of "serving the spot market and prospering the domestic economy", unified organization and strict supervision. According to the Company Law of People's Republic of China (PRC), the Contract Law of People's Republic of China (PRC), the Electronic Signature Law of People's Republic of China (PRC) and other national laws and regulations, and referring to the Regulations of People's Republic of China (PRC) and People's Republic of China (PRC) on Electronic Trading of Commodities, the trading center implements the third-party supervision of banks on funds, and uses the e-commerce platform to directly quote and match funds online through the Internet.
As a precious metal trading platform, the trading center mainly provides electronic trading platform and related services for spot and spot deferred settlement transactions of precious metals such as silver. Trading funds are deposited with the bank by a third party, and the time and price are synchronized with the international market and traded 24 hours a day. The trading center will adhere to the principle of "openness, fairness and justice" and agree to organize and strictly supervise to ensure the safe and smooth pilot work of precious metal trading.
The establishment of the trading center is a major driving force for Qingdao to promote the development of blue economy. In the "Twelfth Five-Year Plan" of Qingdao's financial industry development, "blue finance" is regarded as an important development goal. The blue economy has great potential. To develop the blue economy, it is necessary to build smooth investment and financing channels and financial support, which puts forward new requirements for the financial industry to expand service areas, deepen development connotation, enhance innovation ability and optimize capital allocation, and brings broad development space.