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What is a standard warehouse receipt
Standard warehouse receipt is a kind of physical ownership certificate that can be circulated in the exchange after the designated delivery warehouse has completed the acceptance of incoming goods, confirmed that it is qualified and issued the goods warehousing certificate, and the exchange will uniformly formulate the format and register it.

The Exchange handles the registration, delivery, transaction, pledge and cancellation of standard warehouse receipts through computers. The standard warehouse receipt is in the form of standard warehouse receipt, which is a certificate issued by the exchange to represent the warehousing of goods. The holder of the standard warehouse receipt can choose one or more delivery warehouses with different grades to pick up the goods.

The generation of standard warehouse receipt includes delivery forecast, goods warehousing, acceptance, issuance of standard warehouse receipt by designated delivery warehouse and issuance by exchange.