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Background of shareholders of Mike Futures Brokerage Co., Ltd.
Xi Anmaike Metal Group, the controlling shareholder of the Company, is mainly engaged in the procurement and sales of bulk metal commodities and mineral resources. Its main business model is to import all kinds of metal commodities and minerals from manufacturers and traders all over the world and sell them to China market, Japanese market, Korean market and Taiwan Province province of China. China is one of the largest trading countries of non-ferrous metals and mineral products, with both producers and consumers. Mike Metal Group is not only a bridge between producers and consumers of nonferrous metals, but also provides customers with risk management solutions by using its own advantages to minimize the impact of market price fluctuations on business operations. Mike Metal Group manages 500,000 tons of nonferrous metals and mineral products annually, among which the trade volume of copper ranks first in China for many years, and 65% of the goods are sold to end users. Foreign trade ranks in the forefront of foreign trade import and export enterprises in Shaanxi Province. Among them, the international trade volume of nonferrous metal copper has been in the forefront of domestic counterparts for many years, enjoying a high reputation and credibility in the industry, covering 24 countries and regions around the world, with a broad and stable customer base and market network. We have successively established good cooperative relations with large international non-ferrous metal producers such as Chilean National Copper Company and BHP Billiton Company, and large traders such as Glencore, Dutch Trafigura Company, American Gerard Company, South Korea's Samsung Company, Japan's Mitsui Co., Ltd. and British Sumida Company. Mike Metal Group has a huge customer base in China, with spot sales network and customer base all over the country, and has long-term and extensive cooperation with many large international metal traders. Relying on this background advantage, Mike Futures is playing an increasingly important role in the copper futures market at home and abroad.