Attachment9:

Comparison Table of the Amendments to the Relevant Rules

1.Comparison Table of the Amendments to the Measures for Trading Management of Dalian Commodity Exchange

(Contents newly added are in shade and "……" (ellipsis) means those unamended contents of that clause.)

Original Articles	Amended Articles
Article 54 Where the detailed rules of No.1 soybean, No.2 soybean, ethenylbenzene, liquefied petroleum gas, RBD palm olein, soybean meal, soybean oil or other futures products stipulate otherwise in respect of the application materials for the EFP, such stipulation shall prevail.

……	Article 54 Where the detailed rules of No.1 soybean, No.2 soybean, ethenylbenzene, liquefied petroleum gas, RBD palm olein, soybean meal, soybean oil, benzene or other futures products stipulate otherwise in respect of the application materials for the EFP, such stipulation shall prevail.

……

2.Comparison Table of the Amendments to the Measures for Clearing Management of Dalian Commodity Exchange

(Contents newly added are in shade and "……" (ellipsis) means those unamended contents of that clause.)

Original Articles	Amended Articles
Article 60 The delivery settlement price shall be the benchmark price for the delivery settlement of the futures contract. The delivery settlement price of the rolling delivery shall be the then-current day settlement price of the rolling delivery matching day of the futures contract. The delivery settlement price of the one-off delivery shall be the weighted average price of all the trade prices from the first trading day of the delivery month through the last trading day thereof with respect to the futures contract. Where the detailed rules of eggs, ethylene glycol, ethenylbenzene, liquefied petroleum gas, live hog, log or other futures products stipulate otherwise in respect of the delivery settlement price of one-off delivery, such stipulation shall prevail.

……	Article 60 The delivery settlement price shall be the benchmark price for the delivery settlement of the futures contract. The delivery settlement price of the rolling delivery shall be the then-current day settlement price of the rolling delivery matching day of the futures contract. The delivery settlement price of the one-off delivery shall be the weighted average price of all the trade prices from the first trading day of the delivery month through the last trading day thereof with respect to the futures contract. Where the detailed rules of eggs, ethylene glycol, ethenylbenzene, liquefied petroleum gas, live hog, log, benzene or other futures products stipulate otherwise in respect of the delivery settlement price of one-off delivery, such stipulation shall prevail.

……

3.Comparison Table of the Amendments to the Measures for Delivery Management of Dalian Commodity Exchange

(Contents newly added are in shade, contents deleted are marked with double strikethrough and "……" (ellipsis) means those unamended contents of that clause.)

Original Articles	Amended Articles
Article 6 Delivery of the following positions shall be prohibited:

any individual client's positions;

any non-integral multiple of delivery units of the positions of iron ore or No.2 soybean;

corresponding products positions of any entity clients that are not qualified for manufacturing, operating or using the ethenylbenzene or the liquefied petroleum gas; and

RBD palm olein, No. 1 soybean, No. 2 soybean, soybean meal, or soybean oil positions of any entity clients that cannot receive or issue VAT invoices.

……

If the positions held by the entity clients not qualified for manufacturing, operating or using the ethenylbenzene and liquefied petroleum gas or the entity clients of the RBD palm olein, No. 1 soybean, No. 2 soybean, soybean meal, or soybean oil futures contracts that cannot receive or issue VAT invoices are matched during Rolling Delivery and One-off Delivery, the Exchange shall impose a fine of twenty percent (20%) of the contract value calculated at the delivery settlement price against such entity client before the market close on the handover day and such fine shall be paid to the counterparty.

……	Article 6 Delivery of the following positions shall be prohibited:

any individual client's positions;

any non-integral multiple of delivery units of the positions of iron ore or No.2 soybean;

corresponding products positions of any entity clients that are not qualified for manufacturing, operating or using the ethenylbenzene or , the liquefied petroleum gas or the benzene; and

RBD palm olein, No. 1 soybean, No. 2 soybean, soybean meal, or soybean oil positions of any entity clients that cannot receive or issue VAT invoices.

……

If the positions held by the entity clients not qualified for manufacturing, operating or using the ethenylbenzene, and liquefied petroleum gas and benzene, or the entity clients of the RBD palm olein, No. 1 soybean, No. 2 soybean, soybean meal, or soybean oil futures contracts that cannot receive or issue VAT invoices are matched during Rolling Delivery and One-off Delivery, the Exchange shall impose a fine of twenty percent (20%) of the contract value calculated at the delivery settlement price against such entity client before the market close on the handover day and such fine shall be paid to the counterparty.

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Article 20 ……

The delivery settlement price of One-off Delivery shall be the weighted average price of all trade prices of the futures contract during the period as of the first trading day of the delivery month through the last trading day thereof. Where the detailed rules of eggs, ethylene glycol, ethenylbenzene, liquefied petroleum gas, live hog, log or other futures products stipulate otherwise, such stipulation shall prevail.	Article 20 ……

The delivery settlement price of One-off Delivery shall be the weighted average price of all trade prices of the futures contract during the period as of the first trading day of the delivery month through the last trading day thereof. Where the detailed rules of eggs, ethylene glycol, ethenylbenzene, liquefied petroleum gas, live hog, log, benzene or other futures products stipulate otherwise, such stipulation shall prevail.

4.Comparison Table of the Amendments to the Measures for Standard Warehouse Receipt Management of Dalian Commodity Exchange

(Contents newly added are in shade and"……" (ellipsis) means those unamended contents of that clause.)

Original Articles	Amended Articles
Article 6 A standard warehouse receipt shall take effect as of its registration date at the Exchange. After being registered at the Exchange, a standard warehouse receipt may be used for delivery, trading, transfer, pick-up and margin. With respect to the usage of the standard warehouse receipt, where the detailed rules of No. 2 soybean, eggs, ethenylbenzene, liquefied petroleum gas or other futures products stipulate otherwise, such stipulation shall prevail.	Article 6 A standard warehouse receipt shall take effect as of its registration date at the Exchange. After being registered at the Exchange, a standard warehouse receipt may be used for delivery, trading, transfer, pick-up and margin. With respect to the usage of the standard warehouse receipt, where the detailed rules of No. 2 soybean, eggs, ethenylbenzene, liquefied petroleum gas, benzene or other futures products stipulate otherwise, such stipulation shall prevail.
Article 28 The transfer of the standard warehouse receipt requires the submission of an application for transfer thereof and the handling through the Member of the transfer formalities; and the relevant costs shall be fully settled at the same time. Any and all consequences arising out of or in connection with the transfer of the standard warehouse receipt without the handling of the transfer formalities at the Exchange shall be solely borne by the holder of such standard warehouse receipts. Where the detailed rules of ethenylbenzene, liquefied petroleum gas or other futures products stipulate otherwise with respect to the application for standard warehouse receipt transfer, such stipulation shall prevail.

……	Article 28 The transfer of the standard warehouse receipt requires the submission of an application for transfer thereof and the handling through the Member of the transfer formalities; and the relevant costs shall be fully settled at the same time. Any and all consequences arising out of or in connection with the transfer of the standard warehouse receipt without the handling of the transfer formalities at the Exchange shall be solely borne by the holder of such standard warehouse receipts. Where the detailed rules of ethenylbenzene, liquefied petroleum gas, benzene or other futures products stipulate otherwise with respect to the application for standard warehouse receipt transfer, such stipulation shall prevail.

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5.Comparison Table of the Amendments to the Measures for Risk Management of Dalian Commodity Exchange

(Contents newly added are in shade and "……" (ellipsis) means those unamended contents of that clause.)

Original Articles	Amended Articles
Article 29 Position limits of futures contracts of each product shall be as follows:

products other than the iron ore, egg and live hog

During the general months of the futures contract of a certain product other than the iron ore, egg and live hog (from the listing of the contract to the fourteenth trading day of the month immediately preceding the delivery month), the position limit applicable to the Non-Futures Company Member, the OSNBP and the client shall be as follows:

(Unit: Lot)

Product

Unilateral Open Interest of Contract

Non-Futures Company Member

/OSNBP

Client

……

……

……

……

During the period from the fifteenth trading day of the month immediately preceding the delivery month to the delivery month, the position limit applicable to the Non-Futures Company Member, the OSNBP and the client for any product other than the iron ore, egg and live hog is shown in the table below, and the position limit applicable to the individual client during the delivery month shall be zero (0):

(Unit: Lot)

Product

Period

Non-Futures Company Member/OSNBP

Client

……

……

……

……

……	Article 29 Position limits of futures contracts of each product shall be as follows:

products other than the iron ore, egg and live hog

During the general months of the futures contract of a certain product other than the iron ore, egg and live hog (from the listing of the contract to the fourteenth trading day of the month immediately preceding the delivery month), the position limit applicable to the Non-Futures Company Member, the OSNBP and the client shall be as follows:

(Unit: Lot)

Product

Unilateral Open Interest of Contract

Non-Futures Company Member

/OSNBP

Client

……

……

……

……

Benzene

Unilateral open interest ≤40,000

2,000

2,000

Unilateral open interest ＞40,000

Unilateral open interest ×5%

Unilateral open interest ×5%

During the period from the fifteenth trading day of the month immediately preceding the delivery month to the delivery month, the position limit applicable to the Non-Futures Company Member, the OSNBP and the client for any product other than the iron ore, egg and live hog is shown in the table below, and the position limit applicable to the individual client during the delivery month shall be zero (0):

(Unit: Lot)

Product

Period

Non-Futures Company Member

/OSNBP

Client

……

……

……

……

Benzene

As from the fifteenth trading day of the month immediately preceding the delivery month

400

400

Delivery month

200

200

……

Disclaimer: This English translation may be used for reference only. In case there is any discrepancy between the English version and the original Chinese version, the original Chinese version shall prevail. Dalian Commodity Exchange may change or update this English translation without any prior notice and shall accept no responsibility or liability for damage or loss caused by any error, inaccuracy, misunderstanding, or change with regard to this English translation.