INE

Registered on November 6, 2013 and approved by the China Securities Regulatory Commission, Shanghai International Energy Exchange Co., Ltd. (“INE”) as a subsidiary of the Shanghai Futures Exchange is an international exchange for global futures investors. In accordance with the Company Law, the Regulations on the Administration of Futures Trading and relevant rules and regulations prescribed by the CSRC, INE fulfills the futures market self - regulatory function. INE operates the listing, trading and settlement affairs of energy derivatives including crude oil, natural gas, petrochemicals, etc.

Listed futures: Crude oil