Shanghai Futures Exchange: China Securities Regulatory Commission has confirmed the inclusion of our nickel futures and options into the domestic specific varieties and the introduction of foreign traders.

On March 20th, the Shanghai Futures Exchange issued a notice regarding the management of trading permissions for nickel futures and options contracts. The China Securities Regulatory Commission has determined to include our nickel futures and options contracts in the list of specific domestic products and introduce foreign traders. From now on, eligible clients can apply to their account-opening institution to open nickel futures and options contracts trading permissions. The account-opening institution should manage client suitability and corresponding contract trading permissions according to the relevant requirements of the "Shanghai Futures Exchange Trader Suitability Management Measures" and "Shanghai Futures Exchange Futures Trader Suitability System Operation Guidelines." For domestic clients who have obtained nickel futures and options contract trading permissions before the publication of this notice, the account-opening institution may not need to reevaluate their suitability and does not need to close the corresponding contract trading permissions. For domestic clients who apply for opening nickel futures or options contract trading permissions after the publication of this notice, if they pass the suitability assessment or meet the conditions for exemption from suitability assessment, the account-opening institution can open the trading permissions for the corresponding contracts. For foreign clients who open accounts after the publication of this notice, the account-opening institution should conduct client suitability assessments and configure trading permissions for the corresponding contracts.