{"id":7680,"date":"2019-04-10T08:39:55","date_gmt":"2019-04-10T08:39:55","guid":{"rendered":"http:\/\/www.globalginseng.com\/?page_id=7680"},"modified":"2019-04-16T01:36:18","modified_gmt":"2019-04-16T01:36:18","slug":"tabs","status":"publish","type":"page","link":"https:\/\/globalginseng.com\/zh\/tabs-2\/tabs\/","title":{"rendered":""},"content":{"rendered":"<section class=\"l-section wpb_row height_small\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_grid cols_1 laptops-cols_inherit tablets-cols_inherit mobiles-cols_1 valign_top type_default stacking_default\"><div class=\"wpb_column vc_column_container\"><div class=\"vc_column-inner\"><h2 style=\"text-align: left;font-family:Buenard;font-weight:400;font-style:normal\" class=\"vc_custom_heading vc_do_custom_heading us_custom_cda6f729\" >REQUIRED READING PRIOR MARKET ADMISSION<\/h2><\/div><\/div><\/div><\/div><\/section><section class=\"l-section wpb_row height_small\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_grid cols_1 laptops-cols_inherit tablets-cols_inherit mobiles-cols_1 valign_top type_default stacking_default\"><div class=\"wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"w-tabs layout_hor style_modern switch_click toggle_style_1 has_scrolling\" style=\"--sections-title-size:30px;\"><div class=\"w-tabs-list items_5 align_none\"><div class=\"w-tabs-list-h\"><button class=\"w-tabs-item active\" aria-controls=\"content-zb93\" aria-expanded=\"false\"><span class=\"w-tabs-item-title\">AGREEMENT<\/span><\/button><button class=\"w-tabs-item\" aria-controls=\"content-kd53\" aria-expanded=\"false\"><span class=\"w-tabs-item-title\">MARKET ENTRY AGREEMENT<\/span><\/button><button class=\"w-tabs-item\" aria-controls=\"content-ne92\" aria-expanded=\"false\"><span class=\"w-tabs-item-title\">NOTICE OF AGREEMENT<\/span><\/button><button class=\"w-tabs-item\" aria-controls=\"content-k011\" aria-expanded=\"false\"><span class=\"w-tabs-item-title\">RULES &amp; REGULATION<\/span><\/button><button class=\"w-tabs-item\" aria-controls=\"content-c19b\" aria-expanded=\"false\"><span class=\"w-tabs-item-title\">ADMINISTRATIVE MEASURE<\/span><\/button><\/div><\/div><div class=\"w-tabs-sections titles-align_none icon_chevron cpos_right\"><div class=\"w-tabs-section active\" id=\"zb93\"><button type=\"button\" class=\"w-tabs-section-header active\" aria-controls=\"content-zb93\" aria-expanded=\"true\"><div class=\"w-tabs-section-title\">AGREEMENT<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div  class=\"w-tabs-section-content\" id=\"content-zb93\"><div class=\"w-tabs-section-content-h i-cf\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p><strong>Risk Disclosure Statement<\/strong><\/p>\n<p>Dear Trading members: Please be sure to read all the details of this &#8220;Risk Disclosure Statement&#8221; and you will need to sign this &#8220;Risk Disclosure Statement&#8221; before you can open an account in the Singapore Global Ginseng Exchange for trading purposes. Ginseng commodity spot electronic trading is a trading conducted using a computer network system. There is a certain risk of ginseng commodity spot electronic trading and losses may occur. Therefore, you should carefully consider whether your current business (individual), financial status and economic affordability are suitable for the ginseng commodity spot electronic trading. If you are determined to participate in the ginseng commodity (hereinafter referred to as &#8220;commodity&#8221;) spot electronic trading, you should make the following clear points: 1. Because of the global macroeconomic situation and the adjustment of industrial structure and the surrounding countries and regions of Singapore macroeconomic environment changes, the balance of supply and demand of ginseng commodities may be affected, causing sharp fluctuations in the price of ginseng commodities, so that you have the possibility of loss, you must bear the resulting loss; 2. Because of the changes in national laws, regulations and policies, the introduction of emergency measures of the Exchange, and other reasons, the unassigned commodity possessed by you may not be sold or transferred, you must bear the resulting loss; 3. When you are trading commodity, if the market trend is against you, it may be transferred in the event of a loss, and you must bear the resulting losses; 4. You must carefully read and abide by the &#8220;Singapore Global Ginseng Exchange Trading Rules&#8221; (hereinafter referred to as &#8220;Trading Rules&#8221;), if you are unable to meet the requirements set out in the Trading Rules, the commodities you hold may be withheld or restricted by the Exchange under the rules, and you must bear the consequences; 5. The Exchange has never and will not authorize any institution or individual to make any guarantees and promises for the profits and losses arising from your participation in the trading on behalf of the Exchange at any time and place in the future. Please carefully analyze the various risk situations that may be brought to you due to the uncertainties of the market changes. At the same time, you must carefully identify all kinds of information and data obtained from marketing; 6. in some market situations, if the market reaches the price of ups and &#8230;<\/p>\n<\/div><\/div><div class=\"w-image align_none\"><a target=\" _blank\" rel=\"nofollow\" href=\"http:\/\/demo.globalginseng.com\/wp-content\/uploads\/2019\/04\/RDS-Agreement-Online.pdf\" aria-label=\"PDF icon\" class=\"w-image-h\"><img decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/globalginseng.com\/wp-content\/uploads\/2019\/04\/PDF-icon-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/globalginseng.com\/wp-content\/uploads\/2019\/04\/PDF-icon-150x150.jpg 150w, https:\/\/globalginseng.com\/wp-content\/uploads\/2019\/04\/PDF-icon.jpg 300w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"kd53\"><button type=\"button\" class=\"w-tabs-section-header\" aria-controls=\"content-kd53\" aria-expanded=\"false\"><div class=\"w-tabs-section-title\">MARKET ENTRY AGREEMENT<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div  class=\"w-tabs-section-content\" id=\"content-kd53\"><div class=\"w-tabs-section-content-h i-cf\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p><strong>Market Entry Agreement<\/strong><\/p>\n<p>Singapore Global Ginseng Exchange Pte Ltd, a company incorporated in Singapore and having its registered office at 152 Beach Road, Gateway East #26-04, Singapore 189721 (hereinafter referred to as the \u201cExchange\u201d) [\uf06c] (hereinafter referred to as the \u201cMember\u201d) WHEREAS Exchange is an established global electronic online platform for spot ginseng trading. It mainly specializes in offering and listing of ginseng spot commodity (hereinafter referred to as the \u201cCommodity\u201d) on Exchange and provides an electronic trading system and related supporting services for all market participants; Member is a company, institution or a natural person who has reached the age of 18, with full civil capacity at the age of legal establishment and lawful existence , and has a deep cognition to the risk of commodity trading. Pursuant to the relevant laws and the \u201cTrading rules of Singapore Global Ginseng Exchange\u201d and the relevant provisions of the Exchange, Member voluntarily applied to become Exchange\u2019s trading member. Upon friendly negotiations between both Parties, the following Agreement has been reached and hereby jointly by: 1. Member voluntarily joins Exchange as a trading member according to the needs of its own business development or for self-consumption, to enjoy the corresponding rights of trading members and to bear the corresponding obligations of trading members. 2. Before signing this Agreement, Member has obtained detailed understanding through the Trading Rules published on the Exchange&#8217;s official website (www.sggex.sg) and other existing regulations, as well as other relevant information such as commodity information; 3. Member has carefully studied the Trading Rules and Exchange has given detailed explanations on it. Member is fully aware of the rights, obligations and responsibilities of Exchange&#8217;s trading members. At the same time, Member is fully aware that with the development of the business, Exchange will continue to improve and revise the \u201cTrading Rules\u201d and formulate and revise the corresponding trading rules. Member acknowledges the necessity of such modification, and Member undertakes to strictly abide by the \u201cTrading Rules\u201d (including the revised content), all regulations and documents promulgated by Exchange; 4. Prior to signing this agreement, Member has carefully read the &#8220;Risk Disclosure Statement&#8221; and Exchange has given Member detailed explanations on the entire contents of it. Member has fully understood the exact meaning of the relevant contents stated in the &#8220;Risk Disclosure Statement&#8221;, clearly recognized and willing to bear the possible risks from the trading; 5. Both Parties agree that the scope of powers given &#8230;<\/p>\n<p><a href=\"https:\/\/globalginseng.com\/?page_id=7701\">Read More<\/a><\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"ne92\"><button type=\"button\" class=\"w-tabs-section-header\" aria-controls=\"content-ne92\" aria-expanded=\"false\"><div class=\"w-tabs-section-title\">NOTICE OF AGREEMENT<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div  class=\"w-tabs-section-content\" id=\"content-ne92\"><div class=\"w-tabs-section-content-h i-cf\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p><strong>NOTICE TO COMMODITY BUYER<\/strong><\/p>\n<p>Dear Commodity Buyer:When you are ready to enter Singapore Ginseng Exchange (hereinafter referred to as &#8220;the Exchange&#8221;) for spot commodity trading activities, please be sure to understand the following:1. Requirements of opening a trading accountThe commodity buyer shall be a legal entity with the qualification of enterprise legal person in the industry and can independently engage in the spot trading activities of ginseng commodities.The natural person commodity buyer shall be an individual who has a certain degree of affordability, risk control and relevant trading experience, who is 18 years old, has full capacity for civil conduct, and objectively evaluates the suitability of the buyer through an Exchange and has considerable consumer demand for the buyer&#8217;s commodities.The commodity buyer shall open an account in real and lawful capacity. He or she shall ensure the legality of the source of funds and shall also ensure the authenticity, legality and validity of the &#8220;business license&#8221;, identity card and other relevant information provided by the company.2. Signing of the account opening documentAn enterprise or other economic organization may sign an account opening document by its legal representative or principal agent. Where the principal agent handles the account opening procedure, the enterprise or other economic organization shall provide a true, lawful and effective power of attorney.Account opening procedures for a natural person commodity buyer must be the buyer himself to sign the opening document, may not entrust the agent on behalf of the signing of the document to open the account.3. Risk of spot commodity tradingMarket prices can not only rise, high returns at the same time inevitably accompanied by higher market volatility risk, commodity buyers should be in accordance with their own economic conditions and risk tolerance and psychological endurance ability to make an objective judgment on their own investment in the amount of funds and source of funds to make a cautious decision. Commodity buyers must carefully read this notice and related documents, before trading the buyers must know that &#8220;the market is risky, admission must be cautious.&#8221;4. Opening a trading accountThe commodity buyer shall download the account opening document on the Exchange&#8217;s website and open the account in accordance with the Exchange&#8217;s account opening process.The whole account opening process must be solely operated by the commodity buyer himself, and the personal information provided must be true, accurate and effective. The loss caused by incorrect information is borne by the commodity buyer.The commodity &#8230;<\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"k011\"><button type=\"button\" class=\"w-tabs-section-header\" aria-controls=\"content-k011\" aria-expanded=\"false\"><div class=\"w-tabs-section-title\">RULES &amp; REGULATION<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div  class=\"w-tabs-section-content\" id=\"content-k011\"><div class=\"w-tabs-section-content-h i-cf\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p><strong>RULES &amp; REGULATION<\/strong><\/p>\n<p>Chapter I GENERAL PROVISIONS 1. To amplify and standardize the information disclosure behavior of the Exchange, to ensure the authenticity, accuracy, completeness, timeliness and fairness of information disclosure, and to promote the Singapore Global Ginseng Exchange (hereinafter referred to as &#8220;the Exchange&#8221;) to regulate the operation according to law and to safeguard the legitimate rights and interests of the Exchange and the commodity buyers, in accordance with the Singapore Companies Act and the relevant regulations of the Singapore Government. Chapter II BASIC INFORMATION OF INFORMATION DISCLOSURES The term of &#8220;Disclosure of Information&#8221; refers to the act of publishing information to the shareholder in a prescribed manner within the specified time, information that may have a significant impact on the Exchange and that has not been known to the commodity buyer. The contents of the Exchange information disclosure include periodic reports and interim reports. The annual reports and the semi-annual reports are periodic reports, and other reports are interim reports. The Exchange shall disclose periodic reports and interim reports in accordance with the requirements of relevant laws, regulations and the Articles of Association of the Exchange. Information that the regulatory authorities deem necessary to disclose should also be disclosed. 3. Information disclosure is the continuing responsibility of the Exchange, the Exchange should faithfully fulfill the obligation of information disclosure. The disclosure of Exchange information should embody the principle of openness, fairness and impartiality in treating all shareholders, submitting and disclosing information truthfully, accurately, completely, timely and fairly, ensuring that there are no false, misleading statements or major omissions. Chapter III MANAGEMENT OF INFORMATION DISCLOSURE AFFAIRS 4. The Exchange Board of Directors authorizes the General Management Department of the Exchange to organize and coordinate Exchange information disclosure matters. The head of the General management Department is responsible for contacting the relevant information disclosure parties, receiving visits, answering inquiries, contacting shareholders, and providing the commodity buyers with information disclosed by the Exchange. 5. The official announcement of the Exchange cannot be replaced by a press release or a reporter&#8217;s question. 6. When the Exchange discovers that the disclosed information (including the bulletin issued by the Exchange and the information on the Exchange that is reprinted on the media) is wrong, omitted or misleading, it shall promptly issue a correction announcement, a supplementary announcement or a clarification announcement. If the information disclosure document published by an Exchange (including periodic reports and interim reports) are &#8230;<\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"c19b\"><button type=\"button\" class=\"w-tabs-section-header\" aria-controls=\"content-c19b\" aria-expanded=\"false\"><div class=\"w-tabs-section-title\">ADMINISTRATIVE MEASURE<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div  class=\"w-tabs-section-content\" id=\"content-c19b\"><div class=\"w-tabs-section-content-h i-cf\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p><strong>MEASURES FOR RISK CONTROL MANAGEMENT<\/strong><\/p>\n<p>Chapter I GENERAL PROVISIONS 1. In order to strengthen the risk management of Singapore Global Ginseng Exchange, safeguard the legitimate rights and interests of all parties to the trading, and ensure the normal conduct of trading of the Singapore Global Ginseng Exchange (hereinafter referred to as the Exchange), this method is formulated under the Singapore Global Ginseng Exchange Trading rules. 2. Singapore Global Ginseng Exchange risk management implements membership access system, third-party quality inspection system, third-party warehousing security system, full inventory insurance system, price rise (fall) limit system, purchase limit system, employee self-discipline system and risk warning system. 3. The Exchange&#8217;s commodity listing merchants, the marketing agencies, trading members and designated warehouses, designated quality inspection centre, designated settlement banks and the related participants must abide by these measures. Chapter II MEMBERSHIP ADMITTANCE SYSTEM 4. The Exchange conducts a series of market admittance measures, such as the qualification assessment of commodity listed merchants, marketing agencies and trading members to control the risk. 5. The Exchange implements an annual inspection and verification system for commodity listing merchants and marketing agencies. The annual inspection period is July 1 to August 31 each year. If the annual inspection is not passed, the Exchange will suspend or terminate its membership and make an announcement. Chapter III THIRD PARTY QUALITY INSPECTION SYSTEM 6. The Exchange designated the China Ginseng Product Quality Supervision and Inspection Center to to carry out quality inspection on the goods entering the designated delivery warehouse. The designated inspection agency shall be responsible for the inspection report issued by it, and shall not conduct the quality inspection of the listed commodity listed merchant or the markeing agency. The inspection results of the department are used as quality certification standards. 7. China National Ginseng Product Quality Supervision and Inspection Center carries out inspection and appraisal of traded goods according to the national standard of the People&#8217;s Republic of China, &#8220;Wild ginseng identification and classification quality&#8221; (GB\/T 18765-2008). The inspection and identification certificate can be found in the National Ginseng Product Quality Supervision and Inspection Center official website (www.shenrong.org). Chapter IV THIRD PARTY WAREHOUSING SECURITY SYSTEM 8. The third-party warehousing agency designated by the Exchange provides members with warehousing services that meet the storage requirements of wild ginseng to ensure cargo safety. 9. Third-party warehousing institutions must be in strict accordance with the requirements of the box marking the height, number of layers and direction &#8230;<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"l-section wpb_row height_small\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_grid cols_1 laptops-cols_inherit tablets-cols_inherit mobiles-cols_1 valign_top type_default stacking_default\"><div class=\"wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"w-tabs layout_ver navwidth_auto navpos_left style_default switch_click toggle_style_1 has_scrolling\" style=\"--sections-title-size:1em;\"><div class=\"w-tabs-list items_5 align_none\"><div class=\"w-tabs-list-h\"><button class=\"w-tabs-item active\" aria-controls=\"content-abaf\" aria-expanded=\"false\"><span class=\"w-tabs-item-title\">NOTICE OF LISTING<\/span><\/button><button class=\"w-tabs-item\" aria-controls=\"content-fc57\" aria-expanded=\"false\"><span class=\"w-tabs-item-title\">LISTING PROCESS<\/span><\/button><button class=\"w-tabs-item\" aria-controls=\"content-wee0\" aria-expanded=\"false\"><span class=\"w-tabs-item-title\">DE-LISTING REGULATIONS<\/span><\/button><button class=\"w-tabs-item\" aria-controls=\"content-jf54\" aria-expanded=\"false\"><span class=\"w-tabs-item-title\">COMMON QUESTIONS<\/span><\/button><button class=\"w-tabs-item\" aria-controls=\"content-k1d6\" aria-expanded=\"false\"><span class=\"w-tabs-item-title\">DELIVERY PROCESS<\/span><\/button><\/div><\/div><div class=\"w-tabs-sections titles-align_none icon_chevron cpos_right\"><div class=\"w-tabs-section active\" id=\"abaf\"><button type=\"button\" class=\"w-tabs-section-header active\" aria-controls=\"content-abaf\" aria-expanded=\"true\"><div class=\"w-tabs-section-title\">NOTICE OF LISTING<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div  class=\"w-tabs-section-content\" id=\"content-abaf\"><div class=\"w-tabs-section-content-h i-cf\"><div id=\"ultimate-heading-41336ad09b5fc99d6\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-41336ad09b5fc99d6 uvc-8144 \" data-hspacer=\"no_spacer\"  data-halign=\"center\" style=\"text-align:center\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-41336ad09b5fc99d6 h2'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}' ><h2 style=\"font-weight:normal;\">Notice of Listing<\/h2><\/div><\/div><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><div id=\"Procedure\" class=\"et_pb_with_border et_pb_module et_pb_text et_pb_text_11 et_pb_bg_layout_light et_pb_text_align_left\">\n<div class=\"et_pb_text_inner\">\n<h5>NOTICE OF COMMODITY LISTING MERCHANT<\/h5>\n<\/div>\n<\/div>\n<div class=\"et_pb_module et_pb_text et_pb_text_12 et_pb_bg_layout_light et_pb_text_align_left\">\n<div class=\"et_pb_text_inner\">\n<p>Dear Commodity Listing Merchant:<\/p>\n<p>When you are ready to apply for the offering and listing of wild ginseng commodities on the Singapore Global Ginseng Exchange (hereinafter referred to as \u201cthe Exchange\u201d), please be aware of the following:<\/p>\n<ol>\n<li>If you list wild ginseng commodities (hereinafter \u201ccommodities\u201d) on the Exchange, you must follow the rules and regulations of the Exchange.<\/li>\n<li>You must be a lawfully registered legal entity in an area recognized by the Exchange.<\/li>\n<li>Your enterprise qualification shall be audited by the qualification of the third party accounting firm designated by the Exchange and shall provide an audit report not exceeding 6 months during the latest audit period when applying for listing.<\/li>\n<li>You must disclose the details of the commodities in full during the listing process, including but not limited to the origin and grade, to ensure that the documents and information submitted are true, complete and effective.<\/li>\n<li>The commodities to be applied for offering and listing are subject to the inspection and identification of the professional inspection centers designated by the Exchange, and the examination of testimonials or electronic data is provided.<\/li>\n<li>The commodities to be listed for offering and listing shall be deposited in the designated warehousing institution of the Exchange and insured against the commodities.<\/li>\n<li>You must undertake that the commodities to be listed for offering and listing must have legal title, no ownership of any defects, without any pledge, mortgage and other security measures, can be lawfully circulated, transactions.<\/li>\n<li>You have not been in the past three years due to major violations of disciplinary action by the administrative organs of the record.<\/li>\n<li>You do not have a major legal or arbitration case before this offering and listing of the commodities.<\/li>\n<li style=\"text-align: left;\">You should bear the relevant expenses incurred in the process of offering and listing of the commodities and pay the relevant taxes and fees according to law.<\/li>\n<\/ol>\n<\/div>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"fc57\"><button type=\"button\" class=\"w-tabs-section-header\" aria-controls=\"content-fc57\" aria-expanded=\"false\"><div class=\"w-tabs-section-title\">LISTING PROCESS<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div  class=\"w-tabs-section-content\" id=\"content-fc57\"><div class=\"w-tabs-section-content-h i-cf\"><div id=\"ultimate-heading-58496ad09b5fc9c25\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-58496ad09b5fc9c25 uvc-1946 \" data-hspacer=\"no_spacer\"  data-halign=\"center\" style=\"text-align:center\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-58496ad09b5fc9c25 h2'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}' ><h2 style=\"font-weight:normal;\">Listing Process<\/h2><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-58496ad09b5fc9c25 .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}'  style=\"font-weight:normal;\">\n<ol style=\"text-align: left;\">\n<li>The commodity listing merchant proposes the listing intention application.<\/li>\n<li>The accountant firm carries on the qualification examination to the commodity listed merchant.<\/li>\n<li>The approved inspection centre carries out the inspection and identification of commodities.<\/li>\n<li>The commodities are deposited in the approved warehouse and insured.<\/li>\n<li>The commodity listing person and the marketing agency sign the relevant agreement.<\/li>\n<li>The commodity listing person and the marketing agency submit the application for listing of commodities.<\/li>\n<li>The Exchange carries out review on the commodities.<\/li>\n<li>After the review is being approved, the commodities are then successfully offered.<\/li>\n<li>When the offering is ended, the Exchange then carries out commodity listing review.<\/li>\n<li>After the review is being approved, the commodities are then listed for sale.<\/li>\n<\/ol>\n<\/div><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"wee0\"><button type=\"button\" class=\"w-tabs-section-header\" aria-controls=\"content-wee0\" aria-expanded=\"false\"><div class=\"w-tabs-section-title\">DE-LISTING REGULATIONS<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div  class=\"w-tabs-section-content\" id=\"content-wee0\"><div class=\"w-tabs-section-content-h i-cf\"><div id=\"ultimate-heading-19886ad09b5fc9cda\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-19886ad09b5fc9cda uvc-3883 \" data-hspacer=\"no_spacer\"  data-halign=\"center\" style=\"text-align:center\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-19886ad09b5fc9cda h1'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}' ><h1 style=\"font-weight:normal;\">De-Listing Regulations<\/h1><\/div><\/div><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><div id=\"Procedure\" class=\"et_pb_with_border et_pb_module et_pb_text et_pb_text_10 et_pb_bg_layout_light et_pb_text_align_left\">\n<div class=\"et_pb_text_inner\">\n<p><strong>1.<\/strong> A marketing agency or a commodity holder (hereinafter referred to as \u201cthe applicant\u201d) may submit an application for a commodity delisting to the Exchange and, upon approval by the Exchange, publish an application notice for the commodity to be delisted. If the applicant complies with the proportion requirement of this provision, the Exchange may issue the announcement of commodity delisting directly.<\/p>\n<\/div>\n<\/div>\n<div class=\"et_pb_module et_pb_text et_pb_text_11 et_pb_bg_layout_light et_pb_text_align_left\">\n<div class=\"et_pb_text_inner\">\n<p><b>2.<\/b>&nbsp;The Exchange conducts voting statistics on all commodity holders. If the holder who holds more than 75% of the commodity (including the number) agrees to delist, the Exchange will issue a commodity delisting announcement, delist the product, and assist the commodity holder in handling product delivery and other matters.<\/p>\n<p><b>3.<\/b>&nbsp;If the number of commodities held by the commodity holder is not up to 75%, the Exchange shall issue a cancellation notice.<\/p>\n<p>4. After the announcement of the product delisting, the holder of a circulating product may sell the product before the close of the last trading day, or the applicant shall purchase the part of the product at the closing price of the final trading day within 30 trading days, and the holder must sell it unconditionally. The sale of the product is transferred by the applicant to the trading account opened by the seller on the exchange.<\/p>\n<p><b>5.<\/b>&nbsp;After the announcement of the commodity delisting, the holder of the original limited commodity shall hold the commodity at the closing price of the last trading day and deduct the relevant expenses payable by the holder to make the product reach the tradable condition. The part of the commodity will be purchased at the closing price of the last trading day within 30 trading days and the holder must be sold unconditionally. The commodity selling funds are transferred from the applicant to the Exchange and transferred to the trading account opened by the seller on the Exchange.<\/p>\n<p><b>6.<\/b>&nbsp;The power to interpret this provision belongs to the Singapore Global Ginseng Exchange Limited.<\/p>\n<p><b>7.<\/b>&nbsp;This provision shall be implemented from the date of promulgation.<\/p>\n<\/div>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"jf54\"><button type=\"button\" class=\"w-tabs-section-header\" aria-controls=\"content-jf54\" aria-expanded=\"false\"><div class=\"w-tabs-section-title\">COMMON QUESTIONS<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div  class=\"w-tabs-section-content\" id=\"content-jf54\"><div class=\"w-tabs-section-content-h i-cf\"><div id=\"ultimate-heading-15326ad09b5fc9f26\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-15326ad09b5fc9f26 uvc-2647 \" data-hspacer=\"no_spacer\"  data-halign=\"center\" style=\"text-align:center\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-15326ad09b5fc9f26 h2'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}' ><h2 style=\"font-weight:normal;\">Common Questions<\/h2><\/div><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"k1d6\"><button type=\"button\" class=\"w-tabs-section-header\" aria-controls=\"content-k1d6\" aria-expanded=\"false\"><div class=\"w-tabs-section-title\">DELIVERY PROCESS<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div  class=\"w-tabs-section-content\" id=\"content-k1d6\"><div class=\"w-tabs-section-content-h i-cf\"><h2 style=\"text-align: center;font-family:ABeeZee;font-weight:400;font-style:normal\" class=\"vc_custom_heading vc_do_custom_heading us_custom_cda6f729\" >Physical  Delivery Process<\/h2><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><ol>\n<li>The trading member determines that there is corresponding holding amount of commodity in the account.<\/li>\n<li>The trading member submits pick-up request at the client end of the trading system.<\/li>\n<li>The trading member can select the type of commodity to be withdrawn and also the withdrawal method on the client end.<\/li>\n<li>The warehouse end of the trading system will review and calculate the delivery fee and other information, and feedback to the members.<\/li>\n<li>After the trading member confirms the consent feedback information, the system will automatically deduct the holding amount of the pick-up commodity.<\/li>\n<li>The warehouse end arranges the warehouse for physical delivery.<\/li>\n<\/ol>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section>\n","protected":false},"excerpt":{"rendered":"REQUIRED READING PRIOR MARKET ADMISSIONAGREEMENTMARKET ENTRY AGREEMENTNOTICE OF AGREEMENTRULES &amp; REGULATIONADMINISTRATIVE MEASUREAGREEMENTRisk Disclosure Statement Dear Trading members: Please be sure to read all the details of this &#8220;Risk Disclosure Statement&#8221; and you will need to sign this &#8220;Risk Disclosure Statement&#8221; before you can open an account in the Singapore Global Ginseng Exchange for trading purposes....","protected":false},"author":1,"featured_media":0,"parent":1096,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-7680","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/globalginseng.com\/zh\/wp-json\/wp\/v2\/pages\/7680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalginseng.com\/zh\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/globalginseng.com\/zh\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/globalginseng.com\/zh\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalginseng.com\/zh\/wp-json\/wp\/v2\/comments?post=7680"}],"version-history":[{"count":14,"href":"https:\/\/globalginseng.com\/zh\/wp-json\/wp\/v2\/pages\/7680\/revisions"}],"predecessor-version":[{"id":7998,"href":"https:\/\/globalginseng.com\/zh\/wp-json\/wp\/v2\/pages\/7680\/revisions\/7998"}],"up":[{"embeddable":true,"href":"https:\/\/globalginseng.com\/zh\/wp-json\/wp\/v2\/pages\/1096"}],"wp:attachment":[{"href":"https:\/\/globalginseng.com\/zh\/wp-json\/wp\/v2\/media?parent=7680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}