Pursuant to the Circular issued by the China Securities Regulatory Commission (“CSRC”), Shanghai Futures Exchange (“SHFE”) hereby announces the following trading schedule during national holidays for year 2025:

1. New Year’s Day: SHFE will close on holidays on January 1, 2025 (Wednesday), and will open as usual on January 2, 2025 (Thursday). There is no continuous trading on December 31, 2024 (Tuesday).

2. Spring Festival: SHFE will close on holidays from January 28, 2025 (Tuesday) to February 4, 2025 (Tuesday), and will open as usual on February 5, 2025 (Wednesday). It will also close on January 26, 2025 (Sunday) and February 8, 2025 (Saturday). There is no continuous trading on January 27, 2025 (Monday).

3. Qingming Festival (The Tomb-Sweeping Day): SHFE will close on holidays from April 4, 2025 (Friday) to April 6, 2025 (Sunday), and will open as usual on April 7, 2025 (Monday).There is no continuous trading on April 3, 2025 (Thursday).

4. The International Workers’ Day: SHFE will close on holidays from May 1, 2025 (Thursday) to May 5, 2025 (Monday), and will open as usual on May 6, 2025 (Tuesday). It will also close on April 27, 2025 (Sunday). There is no continuous trading on April 30, 2025 (Wednesday).

5. The Dragon Boat Festival: SHFE will close on holidays from May 31, 2025 (Saturday) to June 2, 2025 (Monday), and will open as usual on June 3, 2025 (Tuesday). There is no continuous trading on May 30, 2025 (Friday).

6. The National Day and the Mid-Autumn Festival: SHFE will close on holidays from October 1, 2025 (Wednesday) to October 8, 2025 (Wednesday), and will open as usual on October 9, 2025 (Thursday). It will also close on September 28, 2025 (Sunday) and October 11, 2025 (Saturday). There is no continuous trading on September 30, 2025 (Tuesday).

Relevant parties and investors shall make corresponding arrangements as per this schedule, adopt effective measures for risk management, and jointly ensure the smooth and sound operation of the market.

Shanghai Futures Exchange
December 23, 2024