December 7, co-founder and President of Hainan Da Guan Agarwood Industry Development Co., Ltd. Yang Ziwen and his delegation visited Sanya and met with Zheng Yu, General Manager of Hainan International Commodity Exchange. The two sides had in-depth exchanges on topics such as how to develop the Agarwood industry in Tunchang County.

    In this exchange, the general manager of Hainan International Commodity Exchange (hereinafter referred to as "HICEC"), Zheng Yu, first of all, expressed his warm welcome to the arrival of Yang Ziwen, the president of Da Guan Agarwood Company, and introduced to Yang Ziwen and his delegation the progress of the work of various sections of HICEC and the development plan for the next five years.

    Zheng Yu said, the HICEC closely around the general secretary Xi Jinping 4·13 important speech and the spirit of the central government's No. 12 document. In accordance with the "Hainan Free Trade Port Construction Master Plan" planning, the products cover four categories of energy chemicals, metals and minerals, agriculture, forestry, animal husbandry and fishery, digital services and trade. He stressed that HICEC is striving to build an international first-class industrial e-commerce and industrial financial service platform.

    For the development of the international agarwood industry in Tunchang County, the industry should change the current "small, scattered and chaotic" industry characteristics. The HICEC will support Tunchang's efforts in three areas: first, to scale up production and focus on building an incense industrial park. Second, the establishment of an international agarwood trading center to realize online and offline global trade. Third, fully explore the cultural value of agarwood, three-dimensional to create a highland of agarwood culture.

    During the exchange, President Yang Ziwen expressed his high recognition of several requirements put forward by Zheng Yu and affirmed Zheng Yu's grasp of the actual situation of the agarwood industry in Tunchang County. President Yang Ziwen said that the current difficulties in the development of the agarwood industry are mainly due to the following four reasons: Firstly, the lack of ideology. Secondly, the long growth cycle of agarwood and the lack of certain motivation of growers. Thirdly, agarwood is ultimately a luxury product, with a low popularity rate and insufficient consumer end. In addition, there are many problems in the "seedling" and "processing" aspects of agarwood, to overcome such problems. Agarwood industry is possible in the "planting - processing - trade" the chain of healthy development.

    It is understood that on November 29th, HICEC and Tunchang County Government signed a strategic cooperation agreement. The two parties will cooperate in accordance with the principle of "complementary advantages, mutual benefit and sincere cooperation". To build a high-quality industrial cluster ecosystem in Tunchang County with the "International Trade Center for Agarwood" as the core. As the only strategic partner of the HICEC agarwood section, Hainan Daguan Agarwood Industry Development Co.,Ltd. Promote the healthy development of standardization, electronicization, digitalization and informationization of trading of agarwood and its series products.

     Vice President Li Yun, Vice President Luo Zhen of Hainan Da Guan Agarwood Company , and General Manager Li Gang of Hainan Daguan Agarwood Supply Chain Management Co.,Ltd.