Shanghai Futures Exchange: Announcement on Approving Ningbo Aisikai Baoying Asphalt Storage Co., Ltd. to Reduce Asphalt Futures Warehouse Capacity

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SHFE notice: Recently, the Shanghai Futures Exchange (SHFE) received the relevant application materials from Ningbo Aisikai Baoying Asphalt Storage Co., Ltd. According to the relevant provisions such as the “Measures for the Management of Delivery Warehouses of the Shanghai Futures Exchange,” after study, it has been decided to: Approve Ningbo Aisikai Baoying Asphalt Storage Co., Ltd.’s application to reduce the capacity of the asphalt futures delivery warehouse. The approved capacity and the capacity to be put into operation will both be reduced from 34,800 cubic meters to 31,200 cubic meters. From the date of this announcement, Ningbo Aisikai Baoying Asphalt Storage Co., Ltd. shall carry out all business operations of the delivery warehouse in accordance with the adjusted approved capacity, strictly comply with the relevant regulations, strengthen management, and ensure that delivery business proceeds normally and in an orderly manner.

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