Shangqi Energy: Announcement on Implementing Restricted Position Opening Supervision Measures for Certain Clients

On March 27, 2026, a set of accounts with actual controlling relationships exceeded the intraday opening trade volume limit for the relevant contract(s) on the related contract(s), reaching the handling standards of the Shanghai International Energy Exchange (hereinafter referred to as “INEE”). The above customers’ trading conduct violated the provisions of Article 16 of the “Measures for the Administration of Abnormal Trading Conduct at the Shanghai International Energy Exchange.” INEE decided to take regulatory measures to restrict opening positions for the relevant customers on the corresponding contract(s).

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