[China Futures Association issued and implemented the "Guidelines for the Suitability Management of Traders in the Derivatives Trading Business of Futures Companies (Trial)"] On November 11, the China Futures Industry Association (hereinafter referred to as the Association), after extensive solicitation of opinions from all parties, formulated the "Guidelines for the Management of the Suitability of Traders in the Derivatives Trading Business of Futures Companies (Trial)". The "Guidelines" were reviewed and adopted at the 31st meeting of the 6th Council of the Association and are now issued and will be implemented from November 16, 2026. In order to ensure the smooth and orderly connection of relevant businesses, the relevant matters are now explained as follows: 1. From the date of implementation of this "Guidelines", futures companies shall not conduct new transactions with traders who do not comply with the relevant provisions of the "Derivatives Measures" and these "Guidelines", and existing transactions will be terminated upon expiration. 2. Within 6 months from the date of implementation of these "Guidelines", futures companies shall gradually implement the provisions on situational risk disclosure for ordinary institutional traders, management of the continued scale of derivatives transactions, review and follow-up visits, and management measures for major changes and abnormal behaviors of traders. If they are not implemented at the expiration of the period, the Association will take corresponding disciplinary sanctions or self-regulatory management measures in accordance with the regulations. 3. Before a futures company obtains the qualification for derivatives trading business, or before completing business adjustments after obtaining the qualification, its risk management company shall refer to the "Guidelines" when conducting derivatives trading business.