The company was established on April 23rd, 1993. The original registered name is Shanghai Zhongcheng Futures Brokerage Co., Ltd., which is one of the earliest futures companies approved by the State Administration for Industry and Commerce. In 2006, Zhonggu Cereals and Oils Group Corporation and China Cereals, Oils and Foodstuffs (Group) Co., Ltd. successfully reorganized and merged. Since then, the company has become a professional futures company under COFCO. On July 20 10, the company's equity was changed to be controlled by SDIC (National Development and Investment Corporation), and COFCO took a share. The two groups joined hands and the company was renamed SDIC Zhonggu Futures Co., Ltd.