According to official inquiries, Qingdao OTC Market Clearing Center is the only professional institution in Shandong Province. It was established with the approval of the Financial Work Office of Qingdao Municipal People's Government to provide registration and clearing for spot markets of bulk commodities and other OTC market-oriented businesses, so it is legal.
Qingdao OTC Market Clearing Center Co., Ltd., with a registered capital of RMB 50 million, is located at Room 6 12,No. Shanghai Road 17, Qianwan Bonded Port Area, Shandong Pilot Free Trade Zone, China.