According to the Futures and Derivatives Law, Regulation on the Administration of Futures Trading, Measures for the Administration of Futures Exchanges, and other applicable rules and regulations, Shanghai International Energy Exchange (INE) proposes to revise the Standard TSR 20 Futures Contract of the Shanghai International Energy Exchange and the Delivery Rules of the Shanghai International Energy Exchange and is requesting public comments on the above revisions.

Please send your opinions and suggestions to INE on revising the above rules in writing or through emails before November 28, 2025. Your feedback also indicates that you agree to use your contact information and materials for use by the INE and only for requesting comments described in this Announcement.

Contact:

Email: ine.advice@ine.cn
Tel.: +86-21-68400937，+86-21-68404110
Fax: +86-21-68402035
Postal address: Legal Affairs Department, 31/F, 300 Songlin Road, Pudong New District, Shanghai, 200122, China

Appendix:

1. Revision Explanation

2. Comparative Table

3. Standard TSR 20 Futures Contract of the Shanghai International Energy Exchange (Revised and Restated)

4. Delivery Rules of the Shanghai International Energy Exchange (Revised and Restated)

Disclaimer: The rules of the Shanghai International Energy Exchange are made in Chinese. The English version of such rules is for reference only and shall have no legal effect.

Shanghai International Energy Exchange
November 21, 2025