Dear all:

According to actual market situation, Beijing Iron Ore Trading Center revises Regulations on Iron Ore Spot Trading of Beijing Iron Ore Trading Center, Measures for the Implementation of Iron Ore Floating-Priced Trading in Beijing Iron Ore Trading Center, Measures for Credit pre-matching on Iron Ore Spot Trading of Beijing Iron Ore Trading Center and Specifications of Trading Brands for Iron Ore Spot Trading of Beijing Iron Ore Trading Center, all of which will take effect on June 15, 2020.

Attachment:

1.  Regulations on Iron Ore Spot Trading of Beijing Iron Ore Trading Center

2.  Measures for the Implementation of Iron Ore Floating-Priced Trading in Beijing Iron Ore Trading Center

3.  Measures for Credit pre-matching on Iron Ore Spot Trading of Beijing Iron Ore Trading Center

4. Specifications of Trading Brands for Iron Ore Spot Trading of Beijing Iron Ore Trading Center

Hereby informed.

Beijing Iron Ore Trading Center Corporation

June 1, 2020