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On November 17, 2025, the aggregate position opening volume of a group of accounts with actual control relationship exceeded the intraday position opening volume limit on relative contract prescribed by the Shanghai International Energy Exchange (hereinafter referred to as “INE”) for the second time. This trading behavior has violated the Article 16 of the Rules of the Shanghai International Energy Exchange for the Administration of Abnormal Trading Behaviors. INE therefore decides to restrict the opening of any new positions by this group on corresponding contract.
Shanghai International Energy Exchange
November 17, 2025