On July 23, the Shanghai International Energy Exchange Center issued an announcement to seek public comments on the revision of the “Shanghai International Energy Exchange Center Trading Rules”. According to relevant laws, administrative regulations and regulations such as the “Futures and Derivatives Law of the People's Republic of China”, “Regulations on the Administration of Futures Trading”, and “Measures for the Administration of Futures Exchanges”, the Shanghai International Energy Exchange Center plans to revise the “Shanghai International Energy Trading Center Trading Rules” on improving emergency procedures, and is now publicly seeking comments from the public. In order to improve the application situation of the Shanghai International Energy Exchange Center and to be consistent with the emergency plans related to the futures market, it is proposed to make the following adjustments to the “Shanghai International Energy Exchange Center Trading Rules”: First, optimize and unify the emergency scenario situation. Delete the provisions of Article 29 relating to emergency scenarios during continuous transactions, and no longer separately stipulate emergency scenario measures during continuous transactions. This section will be merged into Article 28 to make uniform provisions, and the emergency scenario situation will be uniformly adjusted to “where more than 10% of members and overseas special participants are unable to trade due to a failure in the computer system, communication system, etc.” The second is to diversify the types of emergency measures in emergency situations. Authorized energy centers can adjust market opening and closing times, suspend transactions, adjust dates such as the last trading date, expiration date, and final delivery date of relevant contracts and other necessary measures in emergency situations.

On July 23, the Shanghai International Energy Exchange Center issued an announcement to seek public comments on the revision of the “Shanghai International Energy Exchange Center Trading Rules”. According to relevant laws, administrative regulations and regulations such as the “Futures and Derivatives Law of the People's Republic of China”, “Regulations on the Administration of Futures Trading”, and “Measures for the Administration of Futures Exchanges”, the Shanghai International Energy Exchange Center plans to revise the “Shanghai International Energy Trading Center Trading Rules” on improving emergency procedures, and is now publicly seeking comments from the public. In order to improve the application situation of the Shanghai International Energy Exchange Center and to be consistent with the emergency plans related to the futures market, it is proposed to make the following adjustments to the “Shanghai International Energy Exchange Center Trading Rules”: First, optimize and unify the emergency scenario situation. Delete the provisions of Article 29 relating to emergency scenarios during continuous transactions, and no longer separately stipulate emergency scenario measures during continuous transactions. This section will be merged into Article 28 to make uniform provisions, and the emergency scenario situation will be uniformly adjusted to “where more than 10% of members and overseas special participants are unable to trade due to a failure in the computer system, communication system, etc.” The second is to diversify the types of emergency measures in emergency situations. Authorized energy centers can adjust market opening and closing times, suspend transactions, adjust dates such as the last trading date, expiration date, and final delivery date of relevant contracts and other necessary measures in emergency situations.