According to the Futures and Derivatives Law of the People’s Republic of China, the Regulation on the Administration of Futures Trading, the Measures for the Administration of Futures Exchanges, and other applicable rules and regulations, the Shanghai International Energy Exchange (INE) has drafted the TSR 20 Options Contract Specifications, Low Sulfur Fuel Oil Options Contract Specifications and Bonded Copper Options Contract Specifications and is requesting public comments.

If you have any comments or suggestions on the above contract specifications, please send them to INE in writing or through emails before January 30, 2026. Your feedback also indicates that you agree to the use of your contact information and materials by INE only for the purpose of requesting comments described in this Announcement.

Email: ine.advice@ine.cn 

Tel.: +86-21-68400942，+86-21-68400939

Postal address: Legal Affairs Department, 31/F, 300 Songlin Road, Pudong New District, Shanghai, 200122, China

Appendix:

1. Drafting Explanation

2. INE TSR 20 Options Contract Specifications (for public comments)

3. INE Low Sulfur Fuel Oil Options Contract Specifications (for public comments)

4. INE Bonded Copper Options Contract Specifications (for public comments)

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

January 23, 2026