Shanghai International Energy Exchange Co., Ltd Announces the Notice on the Approval of Sinopec Petroleum Reserve Co., Ltd. Zhanjiang Branch to Increase Storage Capacity for Crude Oil Futures, with the following content:
　　This is to acknowledge our receipt of the application of Sinopec Petroleum Reserve Co., Ltd. to increase the storage capacity for crude oil futures. In accordance with the Delivery Rules of the Shanghai International Energy Exchange and other applicable rules, we hereby issue the following response based on inspection and review results:
　　We approve the active storage capacity of Sinopec Petroleum Reserve Co., Ltd. (located on Xinggang Avenue, Lingang Industrial Zone, Zhanjiang, Guangdong Province), to be increased from 400,000m3 to 800,000 m3, with an approved storage capacity of 900,000 m3.
　　As of the date of this notice, Sinopec Petroleum Reserve Co., Ltd. shall offer Designated Delivery Storage Facility services within the increased active storage capacity, strictly abide by all relevant rules, strengthen operation management, and ensure the sound functioning of such services.
 

Shanghai International Energy Exchange Co., Ltd.
August 5, 2020