Shanghai Futures Exchange: agrees on Sinopec Fuel Oil Co., Ltd.'s adjustment of petroleum asphalt futures group members.

On March 26th, the Shanghai Futures Exchange issued an announcement regarding the approval of China Petroleum Fuel Oil Co., Ltd.'s adjustment of petroleum asphalt futures group members. Recently, China Petroleum Fuel Oil Co., Ltd. submitted application materials to our exchange. After studying and in accordance with relevant regulations such as the "Shanghai Futures Exchange Delivery Warehouse Management Measures" and "Shanghai Futures Exchange Group Delivery Business Management Measures", it was decided: 1. Approve the cancellation of the petroleum asphalt futures delivery warehouse qualification of Wenzhou China Petroleum Fuel Asphalt Co., Ltd. 2. Approve the addition of Guangdong Sinopec Limited Liability Company, Ningbo Bo Ying Petrochemical Co., Ltd., Shandong Baicheng New Material Technology Co., Ltd., and Yunnan Ruisan Holdings Group Co., Ltd. as China Petroleum Fuel Oil delivery warehouse members. 3. The China Petroleum Fuel Oil subsidiary delivery warehouse members have been adjusted to Foshan Gaofu China Petroleum Fuel Asphalt Co., Ltd. and China Petroleum Jiangsu Fuel Asphalt Co., Ltd. After adjustment, the approved capacity and used capacity of the China Petroleum Fuel Oil group delivery center remain the same at 60,000 tons; the collection points for the group delivery center are Fawan Industrial Development Zone, Gaoming District, Foshan City, Guangdong Province, Binjiang East Road 309, Jiangyin City, Jiangsu Province, and Xiaomenshan, Daomen Town, Dongtou District, Wenzhou City, Zhejiang Province. 4. The group delivery center and its subsidiary group members must strictly adhere to all trading regulations, strengthen management, and ensure that business is conducted in a normal and orderly manner.