Dear Members,

The security token for the trading seat on the COREX electronic trading system will expire on March 30, 2019, after which the original security token will not be used. COREX will start the replacement of security tokens today, and the new security codes will be available in the mobile APP. Please pay attention to answering the service phone from COREX for the replacement of the security tokens and follow the instruction of the phone.

Hereby informed.

Beijing Iron Ore Trading Center Corporation

March 4th, 2019