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FACTBOX-China's authorised firms on overseas futures

Wednesday, May 05, 2010
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HONG KONG, May 4 (Reuters) - China's Jinduicheng Molybdenum(601958.SS: Quote, Profile, Research), the country'S second-biggest producer of themetal, is seeking approval to trade overseas futures. But China Molybdenum, the biggest, has no plan to get oneas the trade carries risk. To see the story, click[ID:TOE64302P] China Securities Regulatory Commission alloted the right to31 state-owned Chinese firms on overseas futures trade between2001 and 2005 in four patches and has not announced anyauthorised firm since then.


 Here is a list of 31 companies of which some have changed theownerships since then.

NAME                                           BUSINESS
Year 2001
China Sinochem                                  Oil/Chemicals
Unipec                                          Oil
Chinaoil                                        Oil
China Ocean Shipping (Group) Co                 Shipping
China Nonferrous Metals Industry Trade Group    Basemetals
  (The firm was closed and the right was taken

over by China Minmetals Nonferrous Metals in 2002)
 COFCO Ltd                                       Grains
 China Grains & Oils Group Corp                  Grains
 Year 2003
 Aluminum Corp of China (Chinalco)               Aluminium
 Tongling Nonferrous Metals (Group)              Copper
 Jiangxi Copper Company Ltd                      Copper
 Shenzhen Zhongjin Lingnan Nonfemet              Lead/Zinc
 Henan Yuguang Gold & Lead                       Lead
 Qingtongxia Aluminium                           Aluminium
  (Controlled by China Power Investment Corp)
 Jinchuan Group Ltd                              Nickel/Copper
 China National Aviation Fuel Group Corp         Oil
  (The right was suspected in 2005)
 CNFC Overseas Fishery Co                        Fishing
 Jilin Grain Group Import/Export. Co. Ltd        Grains
 Year 2004
 China Sinopec                                   Oil
 Lanzhou Aluminium                               Aluminium
  (Controlled by Chalco)
 Yunnan Copper Industry (Group)                  Copper
  (Controlled by Chinalco)
 Yunnan Aluminium Industry Co                    Aluminium
 Jiaozuo Wanfang Aluminium                       Aluminium
  (Controlled by Chalco)
 Yunnan Tin Company                              Tin
 Zhuzhou Smelter Group                           Lead/Zinc
  (Controlled by Hunan Nonferrous)
 Huludao Nonferrous Metals                       Zinc
  (Controlled by Metallurgical Corp of China)
 Shuikoushan Nonferrous Metals                   Lead/Zinc
 Year 2005
 Luoyang Copper (Group) Co                       Copper
  (Controlled by Chinalco)
 Yunnan Chihong Zinc & Germanium Co              Lead/Zinc
 Shanxi Guanlu Group                             Aluminium
 Western Mining Co                             
Lead/Zinc/Copper
 China National Textile Import & Export Corp     Textile
 Source: China Securities Regulatory Commission statements.
 (Reporting by Polly Yam; Editing by Clarence Fernandez)

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