Party B: _ _ _ _ _ _ _

Party A and Party B enter into this contract on the basis of equal consultation and honesty and credit, concerning the provision of futures trading services by Party A to Party B..

Chapter I Entrustment

Article 1 Party B entrusts Party A to conduct futures trading for Party B according to Party B's trading instructions; Party A accepts the entrustment of Party B and conducts futures trading for Party B according to Party B's trading instructions.

Article 2 Party A shall execute Party B's trading instructions according to the trading rules of the futures exchange. Party A has the obligation to transfer the transaction result to Party B, and Party B has the obligation to take full responsibility for the transaction result.

Unless otherwise agreed in writing by both parties, Party A shall not be responsible for the failure to close part or all of Party B's trading instructions due to market reasons.

Chapter II Margin

Article 3 The minimum deposit standard for Party B to open an account is RMB _ _ _ _ _ _. Party A shall not open an account for Party B because Party B has insufficient funds.

The deposit can be paid in cash, promissory notes, drafts and checks. Where the deposit is paid in the form of promissory note, draft or cheque, the transaction can only be started after Party A's bank confirms the receipt of Party B's funds.

Article 4 Party B may pledge the deposit with marketable securities or standard warehouse receipts according to the regulations of the futures exchange. Meanwhile, Party B authorizes Party A to pledge or otherwise dispose of its pledge.

Article 5 Party B shall ensure the legality of its sources of funds. Party A has the right to ask Party B to provide an explanation of the source of funds, and Party B shall undertake the obligation to ensure the authenticity of the explanation. When necessary, Party A may require Party B to provide relevant certificates.

Article 6 Party A has the right to adjust the margin ratio according to the provisions of the futures exchange or market conditions. Party A's margin adjustment shall be subject to the announcement or notice of margin adjustment issued by Party A. ..

Article 7 When Party A has reason to believe that the open contract held by Party B is risky, it has the right to independently increase the margin ratio of Party B.. In this case, the notice of increasing the deposit will be sent to Party B separately.

Chapter III Compulsory Liquidation

Article 8 Party B shall pay attention to the changes of its position, margin and rights and interests at any time before issuing new trading orders or during the holding of positions.

Article 9 Party A uses risk rate (or other risk control methods) to calculate the risk of Party B's futures trading.

The calculation method of risk rate (or other risk control methods) is _ _ _ _ _ _ (agreed by both parties).

Article 10 When Party B's trading risk reaches the agreed risk rate (or other risk control conditions) due to trading losses or other reasons, Party A will issue a notice of additional margin to Party B in the manner agreed in the futures brokerage contract, and Party B shall promptly increase the margin or take measures to lighten the position before the market opens on the next trading day. Otherwise, Party A has the right to forcibly close part or all of Party B's open positions without prior notice until Party B's trading risk reaches the agreed risk rate (or other risk control conditions). Party B shall bear the handling fee for compulsory liquidation and the losses arising therefrom.

Article 11 As long as the closing price and closing quantity selected by Party A are within the reasonable range under the current market conditions, Party B promises not to claim rights and interests from Party A because the best price and quantity are not selected at the time of forced closing.

The "reasonable range" mentioned in the preceding paragraph refers to the compulsory liquidation with appropriate skills, prudence and diligence in accordance with the professional standards of futures brokerage industry.

Article 12 Unless Party B explicitly states in writing in advance and is confirmed by Party A, Party A shall uniformly calculate the risks of Party B's open contracts in different futures exchanges. When Party B's margin is insufficient to make Party B's trading risk meet the agreed risk control conditions, Party A has the right to stop Party B from opening new positions and close the open positions held by Party B. ..

When Party B actually controls multiple trading accounts, Party A has the right to calculate the risks in combination.

Article 13 Due to the different coding rules of futures exchanges, Party B may have different trading codes in different futures exchanges. In this case, when Party B has both profits and losses under different trading codes, Party B may not request to withdraw the profit part before the loss part is fully covered.

Chapter IV Notice Matters

Article 14 Party A shall issue a notice of additional margin and a notice of forced liquidation to Party B in the form of _ _ _ _ _ _ (agreed by both parties).

Party A shall issue a daily transaction statement to Party B according to _ _ _ _ _ _ _ _ _.

Party A shall provide Party B with the monthly transaction settlement report of last month according to _ _ _ _ _ _ (the time and method agreed by both parties).

Article 15 If Party B has any objection to the items recorded in the daily transaction statement and monthly transaction statement provided by Party A, it shall submit a written objection to Party A (in the manner and time agreed by both parties). Party B's failure to raise a written objection to Party A within the agreed time shall be regarded as Party B's confirmation of the recorded items.

Article 16 Where Party A or Party B requests to change the matters agreed in this chapter, it shall notify the other party in time and take effect after being confirmed by the other party. Otherwise, the party shall be responsible for the delay or loss caused by the notice.

Chapter V Designated Matters

Article 17 Party A accepts the trading instructions of Party B or the issuing bank authorized by Party B. Party B authorizes the following persons to be Party B's instructors: _ _ _ _ _ _ _.

Article 18 Party A accepts the instruction of capital allocation from Party B or the capital allocator authorized by Party B. Party B authorizes the following persons as the capital allocator of Party B: _ _ _ _ _ _ _ _.

Article 19 Party B takes the following mailing address and mailing number as the only valid address and mailing number for business dealings between Party B and Party A:

Address: _ _ _ _ _ _ _; Postal code: _ _ _ _ _ _; Tel: _ _ _ _ _ _; Fax: _ _ _ _ _ _. (Both parties may agree on other communication methods)

Article 20 If Party B needs to change the order issuer, fund distributor or business dealings, it shall notify Party A in writing and take effect after being confirmed by Party A according to the prescribed procedures. If Party B fails to notify Party A in writing in time, the losses caused thereby shall be borne by Party B. ..

Chapter VI Issuance of Instructions

Article 21 Party B's trading instructions may be issued in writing, by telephone or by computer. Instructions issued in written form must be signed by Party B or the person issuing the instructions. Where an instruction is given by telephone or computer, Party A has the right to record the original instruction synchronously or save the record in other ways. Party B agrees that the records formed in telephone recording, computer recording and other business processes have the same legal effect as written instructions. (Party B may agree to adopt a certain instruction issuing method).

Article 22 Party A has the right to review Party B's instructions, including whether the deposit is sufficient, whether the instructions are complete and clear, and whether they violate relevant laws, regulations and exchange rules, so as to determine the validity and invalidity of the instructions; When it is determined that Party B's instruction is invalid, Party A has the right to refuse to carry out Party B's instruction.

Article 23 After placing an order, Party B may request Party A to withdraw or modify the order before the order is completed or not completely completed. However, if the order has been traded on the futures exchange, Party B must bear the trading results.

Article 24 When applying for a hedging position, Party B shall provide relevant documents or certificates in accordance with the provisions of the relevant futures exchange, and shall be responsible for the authenticity and validity of the above documents. Party A shall assist Party B in applying for hedging position.

Chapter VII Reporting and Confirmation

Article 25 Party A shall carry out daily debt-free settlement for Party B's futures trading. As long as Party B makes a transaction or holds a position on the trading day, Party A shall, at the end of each trading day, issue to Party B a transaction settlement sheet showing the equity status of its account or the trading result in the time and manner agreed in this contract.

Article 26 After Party B raises an objection to Party A at the time and manner agreed in this contract, Party A shall timely verify it according to the original instruction records and transaction records. In case of objection to matters directly related to the transaction result, in order to avoid the possibility of loss or expansion, Party A has the right to close the open position of the disputed contract after receiving the objection from Party B.. The losses caused thereby shall be borne by the party at fault.

Twenty-seventh Party A's trading results do not meet Party B's trading instructions, or forced liquidation does not meet the agreed conditions, Party A