The Revised Low Sulfur Fuel Oil Futures Contract of the Shanghai International Energy Exchange and the Delivery Rules of the Shanghai International Energy Exchange has been reviewed and adopted by the Board of Directions of INE and reported to the China Securities Regulatory Commission. It is hereby released and shall be implemented on March 1, 2022. Standard warrants generated before March 1, 2022 will be executed according to the original validity period and quality standards.

The Chinese version of the rules can be found on the Chinese website of INE. In the event of any inconsistency between the Chinese version and the English translation, the Chinese version shall prevail.

Appendices:
1. Comparative Table
2.INE Sulfur Fuel Oil Futures Contract (Restated)
3. INE Delivery Rules (Restated)

Shanghai International Energy Exchange
September 16 ,2021