1. Approve the application of Sinochem Xingzhong Petroleum Transfer Co., Ltd. to increase the storage capacity of the crude oil futures delivery warehouse located on Aoshan Island in Lincheng, Dinghai District, Zhoushan City, Zhejiang Province, increasing the storage capacity from 350,000 cubic meters to 700,000 cubic meters. 2. Starting from the date of the announcement, Sinochem Xingzhong Petroleum Transfer Co., Ltd. shall carry out all futures delivery warehouse operations according to the additional storage capacity, strictly implement relevant regulations, strengthen management, and ensure that the delivery warehouse business is carried out normally and in an orderly manner.

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