The Revised Risk Management Rules of Shanghai Futures Exchange has been reviewed and approved by the Board of Directors of Shanghai Futures Exchange and reported to China Securities Regulatory Commission. It is hereby released and shall be implemented from date of release.

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

Appendices:
1. Comparative Table
2. Risk Management Rules of Shanghai Futures Exchange (Restated)

Shanghai Futures Exchange
December 7, 2020