Violation of the provisions of Article 4 of the Guidelines for Reporting Actual Control Relationship Accounts of China Financial Futures Exchange; Some customers still have over-limit consolidated positions, which violates the trading position regulations.

According to Articles 28 and 30 of the Measures for Handling Violations and Defaults of China Financial Futures Exchange and Article 9 of the Guidelines for Reporting Actual Control Relationship Accounts of China Financial Futures Exchange, it is decided to give informed criticism the punishment for the above-mentioned breach of fiduciary duty by CICC. The penalty measures are taken to limit the opening of positions for 6 months for 13 customers who have exceeded the consolidated positions and do not cooperate with the reporting work, and to limit the opening of positions for 3 months for the other 5 customers who have not fulfilled their reporting obligations.