It is a physical delivery certificate with the contracted quality issued by the delivery warehouse designated by the futures exchange in accordance with the procedures stipulated by the exchange.

Standard warehouse receipt is a kind of physical delivery certificate issued by the exchange to the seller of goods after the acceptance of the stored goods is completed and confirmed to be qualified. The standard warehouse receipt is valid after being registered by the exchange. The standard warehouse receipt shall be registered, and the legal holder of the standard warehouse receipt shall properly keep the standard warehouse receipt. The generation of standard warehouse receipt usually needs to go through warehousing prediction, commodity warehousing, acceptance, distribution, designated delivery warehouse registration and other links.