Roger Shi

Providing specialist advisory services to ferroalloy producers and commodity trading firms across three core areas: Market Analysis & Price Forecasting: Delivering in-depth market intelligence and price trend analysis for ferroalloy and bulk commodity markets, integrating macroeconomic frameworks with quantitative signals to support client commercial decision-making. Hedging Strategy & Futures Advisory: Designing and implementing hedging strategies for commodity traders, providing ongoing futures trading consultation to manage price risk exposure across volatile market conditions. Procurement Strategy & Sourcing Advisory: Advising ferroalloy manufacturers on raw material and industrial equipment procurement, optimising sourcing strategies against market cycle dynamics and supply chain risk. Clients span ferroalloy producers and commodity trading companies operating in Chinese domestic and international markets. Work is conducted in both English and Mandarin, with active engagement across cross-border commercial contexts.

• Design Exchange system and trading rules. • Cooperate with financial institution for Exchange memebers • Risk control for commodities trading including derivatives and physicals. • Developing market in industries • Exchange Index researching • Industry information analysis. • Daily consultant

Originated and managed a diversified portfolio of iron ore and bulk commodity products, with responsibility for an own trading book with VAR exceeding USD 4 million Identified and pre-qualified project financing and physical off-take opportunities, with a focus on bulk commodities origination and counterparty development Developed and expanded iron ore derivatives execution business in China, building client relationships and delivering market-responsive trading solutions Conducted KYC due diligence and managed compliance processes for bulk commodity counterparties in line with international banking governance standards Provided regular market intelligence on China bulk commodity markets to support strategic trading decisions at the desk level Collaborated with ICBC on strategic planning for the China (Zhoushan) Bulk Commodity Exchange Center initiative, demonstrating cross-institutional partnership capability

Account Manager for Manganese ore in China Market Report to Global Manganese Commercial Director of Vale Manganese division; Guarantee the performance of the sales budget of Mn ore in China Market; Cooperate with other account managers for India, Japan, and Korea market Manage the relationship with customers of Provide after sales services and technical marketing for China customers; Follow-up the handling and usage of Manganese ore, and diligently try to comply with the agreed specifications; Contribute for business and market development activities, and the marketing of Manganese and Alloys products of VALE; Collect market information and prepare market reports periodically, following-up market evolution, new demands and technologies, etc. Develop new businesses related to Manganese and Alloys, including projects for joint investment in production in China;

Account Manager for Iron ore in China Market Account Manager for Manganese ore in China Market Report to the Iron Ore sales director of VALE Shanghai Representative office; Report to Global Manganese Commercial Director of Vale Manganese division; Guarantee the performance of the sales budget of Iron ore and Manganese ore in China Market; Manage the relationship with customers of Provide after sales services and technical marketing for China customers; Follow-up the handling and usage of Iron ore, Manganese ore, and diligently try to comply with the agreed specifications; Contribute for business and market development activities, and the marketing of Iron ore, Manganese and Alloys products of VALE; Collect market information and prepare market reports periodically, following-up market evolution, new demands and technologies, etc. Develop new businesses related to Manganese and Alloys, including projects for joint investment in production in China;

Report to President directly Strategic Planning and Industry Benchmarking Market statistics and research Developing new market Sale 200,000MT ferroalloy (Silicon Manganese and Ferro Manganese) to international market and domestic market and import about 350,000 MT Manganese ore in 2004 Sales 140,000MT ferroalloy (Silicon Manganese and Ferro Manganese) and import about 250,000MT Manganese ore in 2005 because output is decreased; Ferroalloy (Silicon Manganese and Ferro Manganese producing)

Negotiating and communicating with customers Check documents of international trade Ensure the logistic of products and Manganese ore; Ferroalloy (Silicon Manganese and Ferro Manganese producing)

American Culture studies