The Third Member Training Conference Concludes Successfully Today: Dreams Never Cease, United We Must Win Together

On June 11th, the Third Member Training Conference of the Huaxia Commodities Trading Market concluded with a round of applause. During the final day of the training, Ms. Peng Xiaojiong from the Compliance Inspection Department, known as "Da Fu," led a training session on compliance inspection. Following this, Mr. Zhang Baofeng, the Vice President of the Huaxia Commodities Trading Market, delivered a speech and addressed the concerns of the member units and guests in attendance.

Legal compliance and integrity in business operations are non-negotiable winning factors for the growth and expansion of every enterprise. Amidst the weakening of the real economy, the rapid and unordered development of the spot trading industry in recent years has led to overheated market conditions, raising concerns among relevant government departments. It is precisely during such critical moments that spot trading platforms should maintain rationality and promote the healthy development of the industry. Ms. Peng Xiaojiong from the Compliance Inspection Department addressed the necessity and importance of establishing in-house compliance departments for member units, explaining that the department primarily serves member units by formulating compliance policies, providing consulting services, fulfilling supervisory functions, conducting compliance investigations, and issuing reports and feedback. She emphasized that the existence of the compliance inspection department is not to create conflict or opposition with member units but to offer further assistance to particularly large-scale member units, ensuring risk prevention and making adjustments in case of issues. Compliance management is about regulating market trading behavior, strengthening the management of operation centers, member units, and intermediary units, protecting the legitimate rights and interests of all market participants, and ensuring the orderly and stable development of the financial sector.

Vice President Zhang Baofeng of the Trading Market addressed the Q&A session, emphasizing that the reason the Huaxia Commodities Trading Market has not had a single instance of group complaints throughout the year is due to its own efforts and the emphasis on self-regulation and self-discipline within the operation center and member units. The emphasis on legality and compliance is actually to facilitate the healthy and sustainable development of business. The purpose of standardization is to protect oneself. During the course of business operations, the Huaxia Commodities Trading Market will adhere to two red lines: prohibiting transactions on behalf of customers and fraudulent activities, and firmly dealing with恶性 competition. The market will also maintain and promote the compliance of departments and member units, to prevent risks and ensure the normal and healthy development of member units' businesses.

As Huaxia Commodities evolves today, it has never been separated from the collaborative prosperity and value sharing among member units. Summit-leaping, dreams never cease; glory to Huaxia, joint efforts will undoubtedly lead to win-win outcomes.