In order to improve the function of the futures market, better serve the economy and enhance the management over futures delivery, Shanghai Futures Exchange (hereinafter referred to as “SHFE”) has amended the "Shanghai Futures Exchange Wire Rod Futures Contract" and " Delivery Rules of Shanghai Futures Exchange", which specifically cover the quality standards of wire rod delivery products. The above-mentioned amendments have been approved by the SHFE Board of Directors and reported to the China Securities Regulatory Commission (CSRC). They are hereby promulgated and shall become effective from August 31, 2018.