All related parties,

In accordance with Article 46 of the Trading Rules of the Shanghai International Energy Exchange, effective from the last trading day of March 2026 in respect of all Crude Oil and Low Sulfur Fuel Oil futures contracts, for a Non-FF Member, OSNBP, or Client that does not hold any hedging position quota for nearby delivery months, when entering nearby delivery months (the second month before the delivery month and the first month before the delivery month), the long and short hedging position quotas for nearby delivery months automatically converted from the hedging position quota for regular months will be provisionally adjusted to 0 lots.   

In the event of any inconsistency between the Chinese version and English translation, the Chinese version shall prevail.

Shanghai International Energy Exchange
March 18, 2026