"Mongolian Stock Exchange" JSC welcomed and organized a meeting with the executives of China's “Jiayou International” Co., Ltd. (September 20, 2024) within the framework of international cooperation.

At the meeting, Tsogtbayar. J, Interim CEO of "Mongolian Stock Exchange" JSC, Ariunsanaa. S, Interim chief officer of Mining Products Trading and Registration Department, Tang Shi Lun, Deputy Director, Board Member of Jiayou International Logistics Co., Ltd., Zou Di, Deputy general manager, Wang Ben Lie, General manager of Inner Mongolia  Branch, Zhao Yang, General manager of "Jasmon Logistics" LLC in Mongolia, Ariunbold. Ts, and Deputy general manager of "Jasmon Logistics" LLC, participated, and the both parties signed a memorandum of cooperation defining the principles and scope of further cooperation.

Within the framework of the memorandum, “Jiayou International Logistics” Co., Ltd agreed to provide services at discounted prices and conditions, including customs-secured warehouses, pre-reserved storage for coal loading and unloading, monitoring areas for coal unloading containers, container rentals, and customs declarations to the registered participants of commodity trading at MSE. They also aim to prioritize comprehensive cross-border logistics services.

The agreement to support the smooth transit of products sold through the mining products exchange to the People's Republic of China within the planned timeframe, as well as to provide customs declaration preparation services and operational support for the control system in China for free of charge, is significant for reducing costs and time for the participants in the trade.

“Jiayou International Logistics” Co., Ltd., founded in 2005, is a leading logistics company in People’s Republic of China and it is listed on the Shanghai Stock Exchange at the group level and operates various types of cross-border transportation, intelligent warehouse systems, and dry port operations.

MONGOLIAN STOCK EXCHANGE