Shanghai Futures Exchange agrees to allow COFCO Corporation and its subsidiaries to conduct group delivery business.

Announcement on Shanghai Futures Exchange's Approval of Group Delivery Business for Wuhuan Middle Large Group Co., Ltd. and its Subsidiaries. According to the relevant regulations such as the "Management Measures for Group Delivery Business of Shanghai Futures Exchange," after studying and deciding: Wuhuan Middle Large Group Co., Ltd. is approved to become the group delivery center for hot-rolled coil, rebar, butadiene rubber, and pulp futures. Wuhuan Middle Large Futures Logistics Co., Ltd. is approved to become the group delivery warehouse for hot-rolled coil futures. The storage address includes one located at 1168 Pinghai Road, Zhenhai District, Ningbo City, Zhejiang Province, with an approved storage capacity of 30,000 tons, and no regional premium; and another located in Wanglanzhuang Village, Wanglanzhuang Town, Fengnan District, Tangshan City, Hebei Province, with an approved storage capacity of 60,000 tons, 30,000 tons in use, and a regional premium of 70 yuan/ton. Wuhuan Middle Large Metal Group Co., Ltd. is approved to become the delivery warehouse for butadiene rubber, hot-rolled coil, and rebar futures. The delivery address for butadiene rubber futures is located at No. 97 Zhongchu Road, Beiguan Logistics Industrial Park, Jiaobei Street Office, Jiaozhou City, Qingdao City, Shandong Province, with an approved storage capacity of 6,000 tons, and no regional premium.