Li Ting, born in Chengdu, Sichuan Province, in 1993.

Han Fucheng, born in Liuhe, Jilin Province, in 1991.

From July 29 to July 30, 2024, Li Ting and Han Fucheng used the account of a certain private investment fund and the account of another certain private investment fund to execute trades in collusion on nr2501 contract at Shanghai International Energy Exchange (INE), disrupting the market.

The above-mentioned behavior has violated the provision in Article 32, paragraph 1, section 3 of the Enforcement Rules of the Shanghai International Energy Exchange.

Accordingly, INE decides to:

1. Give Li Ting and Han Fucheng a reprimand, and

2. Order them to make corrections, and give Li Ting and Han Fucheng a fine of RMB 10,000 yuan each.

Relevant futures companies should strengthen the client compliance education, as well as the monitoring and management of online trading, and prevent the recurrence of similar incidents. The resolution decisions of rule violation will be recorded in the Securities and Futures Market Credibility File Database.

Shanghai International Energy Exchange

April 1 , 2025