Shanghai Futures Exchange: Implementing control measures to restrict the opening of positions for certain clients.

On April 23rd, Shanghai Futures Exchange issued a public announcement regarding the implementation of regulatory measures to restrict opening positions for certain clients. On April 23rd, 2026, a group of accounts with actual control relationships exceeded the trading limit for opening positions in relevant contracts, reaching the exchange's processing standard. The trading behavior of the clients mentioned above violates Article 16 of the "Shanghai Futures Exchange Abnormal Trading Behavior Management Measures", and the exchange has decided to implement regulatory measures to restrict opening positions for the relevant clients in the corresponding contracts.