On October 28, 2016, grand opening of the First COFCO Caofeidian Sugar Forum was held in Tangshan. Besides our company, the forum gathered sugar enterprises, sugar manufacturing groups, domestic merchants, foreign merchants, terminal corporations, starch sugar enterprises, futures traders, stock traders, etc. Those insiders had exchange and discussion around the topic of domestic and foreign spot and futures trends in sugar market and business model of basis and pricing during the forum.

          Fig. 1: Jiao Jian, vice president of COFCO Futures Co., Ltd., talking about the macroeconomic environment

                                    Fig. 2: Chen Lini, general manager of Czarnikow Group Limited, analyzing international sugar market
                                 Fig. 3: a group photo of attendees including our staffs
                                  Fig. 4: our company attendees in sugar refinery

    During the forum, we learned more introductions about development strategy and product superiority of COFCO (Tangshan) Caofeidian sugar refinery and got experience for processing factory, which was great help to the further development for our sugar refinery in Tianjin. Through the forum, our company promoted information exchange and communication, got improvement of innovating and cooperative mechanism of industry chain and finally achieved mutual benefit and win-win outcome.