Dear customer

May 10, 2023 is the last trading day and expiration date of the b2306, i2306, l2306, p2306, v2306, pg2306, and pp2306 series option contracts. To ensure the smooth exercise and performance of the option contracts on the expiration date, you should fully understand the rules and related risks of the exercise and performance of the options, closely monitor the trading and exercise matters of the aforementioned contracts, properly handle the option positions, and timely prepare for relevant transactions or exercises. The company now provides the following information regarding the expiration dates of options for the b2306, i2306, l2306, p2306, v2306, pg2306, and pp2306 series:

1、 Buyers holding options of the b2306, i2306, l2306, p2306, v2306, pg2306, and pp2306 series are required to prepare sufficient available funds (including exercise fees and corresponding trading deposits for futures contract positions) in their futures accounts before 15:20 on May 10, 2023, as required by our company. Deposits received after 15:20 will not be included in the available funds required for exercise, If the margin account does not have sufficient available funds for exercise (excluding funds released after settlement due to positions hedging, portfolio margin discounts, option exercise gains and losses, futures floating gains and losses, failure of expired option sellers to exercise, changes in margin during settlement, etc.), our company will waive exercise in accordance with the rules of the exchange. If the option is real value but the exercise funds are insufficient, you can also carry out liquidation operations before the closing to protect your rights and interests.

2、 At the expiration date settlement, all outstanding positions in expired options, options with a real value relative to the settlement price of the underlying contract, are automatically exercised, and other options are automatically waived. There may be differences between the settlement price of the underlying contract on the expiration date and the closing price of the underlying contract. Please be cautious in choosing to give up or exercise actively.

3、 If you hold an option to sell your position, it may be exercised. Please check the performance results through the futures billing system of the China Futures Market Monitoring Center after settlement on the maturity date, and pay attention to the account's fund position status.

4、 The contract subject obtained by the buyer and seller of options through exercise can be traded from the next trading day after the expiration date. If the number of positions exceeds the exchange's limit, the excess positions will be forcibly closed, and any losses incurred will be borne by the customer.

5、 On the expiration date of the options of the b2306, i2306, l2306, p2306, v2306, pg2306, and pp2306 series, the company will temporarily close the bank transfer and withdrawal channels of the rights holder customers. Please arrange the funds in advance.

Please prepare for the exercise and performance of the option contract.

Xinda Futures Co., Ltd

May 4, 2023