On March 19, China Minmetals and the Shanghai Futures Exchange renewed their Strategic Cooperation Framework Agreement in Shanghai. Chen Dexin, Secretary of the Party Leadership Group and Chairman of China Minmetals, held discussions with Tian Xiangyang, Secretary of the Party Leadership Group and Chairman of the Shanghai Futures Exchange, and witnessed the signing of the agreement. Lu Dongsheng, Deputy Secretary of the Party Leadership Group and General Manager of the Shanghai Futures Exchange, Zhang Ming, Deputy General Manager of the Shanghai Futures Exchange and Duan Wenwu, Member of the Party Leadership Group and Chief Accountant of China Minmetals, attended the talks.

Chen Dexin thanked the Shanghai Futures Exchange for its long-standing support, then gave the attendees a briefing on the business development of China Minmetals. He stated that China Minmetals remains true to its original aspiration of "serving the nation through mining and building a strong mining industry", and is committed to becoming a world-class metals and minerals enterprise that can compete globally. Since establishing their strategic partnership in 2022, the two sides have collaborated closely based on the principle of "mutual benefits and cooperation", achieving positive results in areas such as business innovation, futures-spot integration, and market development. China Minmetals is willing to use the renewal of the agreement as an opportunity to strengthen practical cooperation between the two sides, support national strategies and ensure the stable supply and pricing of bulk commodities, thereby safeguarding industrial chain security in China.

Tian Xiangyang noted that the global commodity market remains complex, with intertwined internal and external risks, as well as a convergence of new and existing challenges. He stated that the Shanghai Futures Exchange will continue to focus on serving the real economy and supporting national strategies. The Exchange is committed to strengthening regulation, preventing risks and promoting high-quality development. It will also accelerate its efforts to become a world-class exchange. He expressed his hope to strengthen cooperation with China Minmetals further, and to continuously improve the quality and efficiency of the futures market in order to better serve the real economy.

Chen Dexin and Tian Xiangyang witnessed the renewal of the Strategic Cooperation Framework Agreement. Under the agreement, the two sides will build on their respective strengths and adhere to the principles of "complementary advantages", "win-win cooperation", "upholding fundamental principles while breaking new ground" and "controllable risks" to carry out comprehensive exchanges and cooperation in areas such as business innovation, futures-spot linkage, market training and talent exchange. This will jointly advance the development of a multi-tiered commodity market system.

Prior to the talks, the two sides toured the trading floor of the Shanghai Futures Exchange and its exhibition on the history of its development together. 

Relevant officials from the Shanghai Futures Exchange, as well as the heads of relevant headquarters departments and directly managed enterprises of China Minmetals, attended the talks.