The Board of Directors of the Shanghai Futures Exchange (SHFE) has approved the 15 revised futures contract specifications such as the SHFE Copper Cathode Futures Contract Specifications and 6 implementing rules such as the Delivery Rules of the Shanghai Futures Exchange and the Standard Warrant Management Rules of the Shanghai Futures Exchange. All these revisions have been reported to the China Securities Regulatory Commission and will be implemented as of April 2, 2023 (Among them, the revised provisions on the delivery date of the contract will start from the 2304 contracts of the 15 products except Gold ).

Please visit the official website of SHFE for the Chinese versions of the above rules. In the event of any inconsistency between the Chinese version and English version, the Chinese version shall prevail.

Attachments:
1. Comparative Table
2. Revised Futures Contract Specifications
3. Delivery Rules of the Shanghai Futures Exchange (Revised)
4. Bitumen Futures Delivery Rules of the Shanghai Futures Exchange (Trial) (Revised)
5. Fuel Oil Futures Delivery Rules of the Shanghai Futures Exchange (Revised)
6. Gold Futures Delivery Rules of the Shanghai Futures Exchange (Trial) (Revised)
7. Clearing Rules of the Shanghai Futures Exchange (Revised)
8. Standard Warrant Management Rules of the Shanghai Futures Exchange (Revised)

Shanghai Futures Exchange
January 17, 2023