In accordance with Trading Schedule during National Holidays for Year 2020 and Risk Management Rules of the Shanghai International Energy Exchange, Shanghai International Energy Exchange (hereinafter referred to as “INE”) hereby notifies the trading adjustments for The New Year’s Day 2020 as follows:

The market will be closed from 3:00 p.m. of December 31, 2019 to January 1, 2020.

The market will resume trading on January 2, 2020 with the central auction session from 8:55 a.m. to 9:00 a.m. and the continuous trading on the night of that day.

All Members and Overseas Special Participants shall manage risks in a sound manner to ensure the smooth functioning of the market.

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

       Shanghai International Energy Exchange

December 26, 2019