[Shanghai Stock Exchange adjusts risk warnings regarding Southbound Securities distribution, half-day settlement arrangements, etc. Effective from November 16, 2026] On November 6, in accordance with the "Shanghai Stock Exchange Shanghai-Hong Kong Stock Connect Business Implementation Measures" and the China Securities Depository and Clearing Co., Ltd. The "Required Terms of the Southbound Trading Risk Disclosure Statement" has been revised. In accordance with the Hong Kong securities market's implementation of the paperless securities market system from November 16, 2026, and the expected provision of settlement services on half-day trading days from 2027, the risk warnings regarding the distribution of Southbound Trading securities, half-day settlement arrangements, etc. are now released and will be effective from November 16, 2026. The "Required Terms of the Shanghai Stock Exchange's Southbound Trading Risk Disclosure Statement (Revised in 2026)" (Shanghai Securities Fa [2026] No. 62) issued on June 5, 2026 will be abolished at the same time.