Very formal. Rizhao Riyueming Spot Trading Platform is an e-commerce operator registered in Rizhao Administration for Industry and Commerce. It is jointly sponsored by four legal entities, namely Rizhao Shanhaitian Urban Construction Group, Rizhao Xinhuarui Food Co., Ltd., Shandong Dongrong Import and Export Co., Ltd. and Shandong Tai Investment Management Co., Ltd. The market conforms to the relevant provisions of People's Republic of China (PRC) national standards such as the Code for Electronic Trading of Bulk Commodities and People's Republic of China (PRC) Electronic Signature Law.