Margin of Zhongzhou (Tianjin) Precious Metals Management Co., Ltd.

The minimum transaction margin standard for spot trading of precious metals is 8% of the transaction amount. In the course of trading, under any of the following circumstances, the Exchange may adjust the trading margin standard according to the market risk:

(1) When the position reaches a certain level;

(2) when the market fluctuates greatly and there is a unilateral market;

(3) In case of national legal holidays;

(4) The Exchange considers that the market risk has changed significantly;

(5) Other circumstances deemed necessary by the Exchange.