Shanghai Futures Exchange (hereinafter referred to as “The Exchange”) has been on continuous efforts in investigating and penalizing violations of relevant rules and regulations, so as to strengthen the risk management of the futures market, regulate the futures trading activities and protect the legitimate rights and interests of futures market participants. The enforcement against such violations in December 2023 are listed as follows:

In the aspect of administration of abnormal trading behaviors, the Exchange has dealt with 20 cases, among which 18 cases were self-trades, 2 cases were exceeding the limit of placing and cancellation of large-amount order. The Exchange has suspended 1 client from opening new positions on the relevant futures contracts and notified to the market.

In the aspect of identification and cooperative investigation of accounts with actual control relationship. The Exchange has identified 238 groups of 551 clients that exist the actual control relationship to cooperate with the investigation of the actual control relationship and urged 23 groups of 51 clients to cooperate with the investigation of the actual control relationship.

In the aspect of inspecting cases violating trading rules, the Exchange has dealt with 4 cases suspected of violation trading rules，of which 2 cases were suspected of accommodation trade，2 cases for violating the position management rules of the Exchange. The Exchange has filed and investigated 1 case suspected of violating trading rules.

The Exchange reminds market traders to be in compliance with its rules in the trading activities and report accounts with actual control relationship.

SHFE hereby notifies as the above.

Shanghai Futures Exchange
Jan. 8, 2024