Attachment 2

Comparison Table of the Amendments to the Relevant Rules

Comparison Table of the Amendments to the Detailed Rules of Coking Coal Futures of Dalian Commodity Exchange

(Contents newly added are in shade; contents deleted are marked with double strikethrough; and clauses unchanged are represented by ellipsis.)

Original Articles	Amended Articles
Article 4	The quality standards for and the quality discounts and/or premiums of standard deliverable products and substitutes under the coking coal futures contract are detailed in the Coking Coal Delivery Quality Standards of Dalian Commodity Exchange (F/DCE JM003-2022) as Annex 1 attached hereto.	Article 4	The quality standards for and the quality discounts and/or premiums of standard deliverable products and substitutes under the coking coal futures contract are detailed in the Coking Coal Delivery Quality Standards of Dalian Commodity Exchange (F/DCE JM003-2022) as Annex 1 attached hereto.

The coking coal products produced by manufacturers recognized by the Exchange within the specific quality standards scope shall be the coking coal with brand. The coking coal brands, quality standards scope, manufacturers and premiums and/or discounts of the brands shall be separately promulgated by the Exchange. The Exchange may adjust the coking coal brands, quality standards scope, manufacturers and premiums and/or discounts of the brands based on market situation and will release the relevant information in a timely manner.
Article 18	The standard warehouse receipt of the coking coal shall be divided into the standard warehouse receipt of storage warehouse and the standard factory warehouse receipt.	Article 18	The standard warehouse receipt of the coking coal shall be divided into the standard warehouse receipt of storage warehouse and the standard factory warehouse receipt.

Delivery declaration of coking coal with brand shall only be made with standard factory warehouse receipt.
Article 19	The differences of the discounts and/or premiums of the coking coal futures contract shall be settled between the owner of the commodities and the designated delivery warehouse.	Article 19	The differences of the quality discounts and/or premiums and the brand premiums and/or discounts of the coking coal futures contract shall be settled between the owner of the commodities and the designated delivery warehouse.
Article 35	When the coking coal is loaded out of the factory warehouse, the owner shall pick up the commodities at the factory warehouse within four (4) calendar days (inclusive of the fourth calendar day) following the deregistration day of the standard warehouse receipt (exclusive of the deregistration day). The factory warehouse shall commence consignment within four (4) calendar days (inclusive of the fourth calendar day) following the deregistration day of the standard warehouse receipt (exclusive of the deregistration day), and shall provide the delivery services as reasonably requested by the owner and shall negotiate with the owner with respect to the transportation fees, loss and otherwise.

The factory warehouse shall have the goods loaded out subject to the quality standards for being loaded in the warehouse as required by the contract and shall provide the quality inspection report to the owner issued by the factory with respect to such goods which shall be used as the basis of settlement of the quality premiums and discounts.

When the coking coal is loaded out of the factory warehouse, the factory warehouse shall carry out the sampling under the owner's supervision, and the samplings shall be sealed after being confirmed by both parties and shall be preserved for fifteen (15) calendar days following the consignment day.

If the owner has any objection over the quality of the commodities to be loaded out of the factory warehouse, it shall firstly negotiate with the factory warehouse for settlement. If the negotiation fails, the owner shall, within five (5) working days following the consignment day, file in writing an application for re-inspection. Such application shall indicate the name of the factory warehouse, stack location (if any), quantity, the quality index of the commodities to be re-inspected, leave the contact information and be affixed with the official seal of the owner. If no application is filed in the prescribed manner within the prescribed period, it will be deemed that the owner has no objection over the quality of the commodities that are being loaded out of the factory warehouse. The Exchange shall entrust a designated quality inspection agency to carry out the re-inspection over the reserved samples, and the sampling inspection result shall be the basis for any dispute settlement. In case there is any difference between such sampling inspection result and the inspection result presented by the factory warehouse but within the error margin stipulated in the national standard, the sampling inspection result shall be deemed to be consistent with the inspection result presented by the factory warehouse and shall be used as the basis for dispute settlement. The re-inspection costs shall be advanced by the owner. If the re-inspection result of the sample is in conformity with the inspection result presented by the factory warehouse, the relevant fees (including but not limited to the inspection fees, traveling expenses) as well as any losses incurred thereby shall be borne by the owner; if not, relevant fees (including but not limited to the inspection fees, traveling expenses) as well as any losses incurred thereby shall be borne by the factory warehouse.	Article 35	When the coking coal is loaded out of the factory warehouse, the owner shall pick up the commodities at the factory warehouse within four (4) calendar days (inclusive of the fourth calendar day) following the deregistration day of the standard warehouse receipt (exclusive of the deregistration day). The factory warehouse shall commence consignment within four (4) calendar days (inclusive of the fourth calendar day) following the deregistration day of the standard warehouse receipt (exclusive of the deregistration day), and shall provide the delivery services as reasonably requested by the owner and shall negotiate with the owner with respect to the transportation fees, loss and otherwise.

For coking coal without brand, Tthe factory warehouse shall have the goods loaded out subject to the quality standards for being loaded in the warehouse as required by the contract and shall provide the quality inspection report to the owner issued by the factory with respect to such goods which shall be used as the basis of settlement of the quality premiums and discounts.

For coking coal with brand, the factory warehouse shall have the goods loaded out subject to the quality standards scope of such brand promulgated by the Exchange and shall provide relevant materials for recognizing the coking coal with brand to the owner, including:

(1)	the original of the certificate of analysis issued by the manufacturer that complies with the requirements of the Exchange, which shall set out brand, quality, quantity, manufacturer and other information, with the manufacturer’s company seal affixed; and

(2)	other documents required by the Exchange.

The delivered commodities shall be deemed as coking coal without brand if the factory warehouse fails to provide the relevant materials for recognizing the coking coal with brand as specified in the preceding paragraph.

The premiums and/or discounts of the coking coal with brand settled between the factory warehouse and the owner shall include the quality premiums and/or discounts as well as the brand premiums and/or discounts promulgated by the Exchange. The original certificate of analysis shall be the basis for settlement of quality premiums and/or discounts.

When the coking coal is loaded out of the factory warehouse, the factory warehouse shall carry out the sampling under the owner's supervision, and the samplings shall be sealed after being confirmed by both parties and shall be preserved for fifteen (15) calendar days following the consignment day.

If the owner has any objection over the quality or brand of the commodities to be loaded out of the factory warehouse, it shall firstly negotiate with the factory warehouse for settlement. If the negotiation fails, the owner shall, within five (5) working days following the consignment day, file in writing an application for re-inspection. Such application shall indicate the name of the factory warehouse, stack location (if any), brand name (if any), quantity, the quality index of the commodities to be re-inspected, leave the contact information and be affixed with the official seal of the owner. If no application is filed in the prescribed manner within the prescribed period, it will be deemed that the owner has no objection over the quality and brand of the commodities that are being loaded out of the factory warehouse. The Exchange shall entrust a designated quality inspection agency to carry out the re-inspection over the reserved samples, and the sampling inspection result shall be the basis for any dispute settlement. In case there is any difference between such sampling inspection result and the inspection result presented by the factory warehouse but within the error margin stipulated in the national standard, the sampling inspection result shall be deemed to be consistent with the inspection result presented by the factory warehouse and shall be used as the basis for dispute settlement. The re-inspection costs shall be advanced by the owner. If the re-inspection result of the sample is in conformity with the inspection result presented by the factory warehouse, the relevant fees (including but not limited to the inspection fees, traveling expenses) as well as any losses incurred thereby shall be borne by the owner; if not, relevant fees (including but not limited to the inspection fees, traveling expenses) as well as any losses incurred thereby shall be borne by the factory warehouse. If the inspection result of the sample coking coal with brand is inconsistent with the quality standards scope of such brand, the premiums of brands shall not be settled.
Article 42	For a standard warehouse receipt issued by the group delivery warehouse marked with one sub-warehouse that adopts self-quoted premiums and/or discounts and one or more sub-warehouses that adopt fixed premiums and/or discounts, when the owner picks up the goods at the selected sub-warehouse for picking up goods, the selected sub-warehouse shall provide the owner with the quality inspection report evidencing the corresponding goods conform to the delivery quality standards, which shall be used as the basis of settlement of the quality premiums and discounts.

In addition to the preceding paragraph, relevant provisions in the Measures for Standard Warehouse Receipt Management of Dalian Commodity Exchange shall apply to business related to such standard warehouse receipt.	Article 42	For a standard warehouse receipt issued by the group delivery warehouse marked with one sub-warehouse that adopts self-quoted premiums and/or discounts and one or more sub-warehouses that adopt fixed premiums and/or discounts, when the owner picks up the goods at the selected sub-warehouse for picking up goods, the selected sub-warehouse shall provide the owner with the quality inspection report evidencing the corresponding goods conform to the delivery quality standards, which shall be used as the basis of settlement of the quality premiums and discounts. In the event that the goods delivered by the selected sub-warehouse are coking coals with brand, the relevant business shall be handled in accordance with Article 35.

In addition to the preceding paragraph, relevant provisions in the Measures for Standard Warehouse Receipt Management of Dalian Commodity Exchange shall apply to business related to such standard warehouse receipt.

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