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Starting in July 2018, CITIC has engaged Enuit to implement a Metals Trading Risk Management solution. This work has continued into December. In a period of about 6 months, Enuit delivered the first phase of the bulk commodity trading and risk management system on schedule.They did this while including the daily monitoring reports for our copper and aluminum business position, futures hedging exposure, and mark-to-market profit and loss. CITIC Metal has become the first enterprise in the domestic (China) metal trade field to successfully introduce and apply an international risk management system, thanks in part to Enuit.
-CITIC Representative
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