| Agency Collection Service Item | Service Fee | Service Description | Remarks |
| Agency Shanghai Gold Exchange Precious Metal Trading Service | Deferred fee: Daily 0.0125% of the customer’s position amount; Annually 3% of the customer’s position amount for certain products. Transportation and insurance fee: RMB 32 per kilogram for gold contracts; currently waived for silver contracts. Storage fee: RMB 1.2 per kilogram per day for gold contract purchase entitlements and residual inventory; RMB 1.2 per kilogram on physical delivery date for gold contracts; RMB 0.016 per kilogram per day for silver contracts. Warehousing fee: RMB 2 per kilogram for gold contracts; RMB 0.2 per kilogram for silver contracts. Transaction service fee/lease registration fee: RMB 2 per kilogram per month for gold/platinum leases; RMB 1 per kilogram per month for silver leases; waived upon return. Pledge registration fee: RMB 3 per kilogram for gold, platinum, and silver contracts; charged for both pledge creation and cancellation. Delivery fee: RMB 1 per kilogram for silver contract deliveries; currently waived. Overdue fee: Charged only for positions of precious metal deferred contracts continuously held beyond the time limit. Overdue fee is subject to the announcement of Shanghai Gold Exchange; currently waived. |
Deferred fee: Fees established by the Shanghai Gold Exchange to maintain market delivery balance. The collection direction is determined based on daily market delivery declaration quantity balancing. The fee is collected from customers by the SGE members on behalf of the Exchange; Transportation and insurance fee: Transportation and insurance fees charged by the Shanghai Gold Exchange to customers withdrawing physical precious metals, collected by banks on behalf of the Exchange. Storage fee: Storage fees charged by the Shanghai Gold Exchange based on customers’ physical inventory holdings, collected by banks on behalf of the Exchange. Currently, individual customers are temporarily waived from this fee by the Exchange. Warehousing fee: Fees charged by the Shanghai Gold Exchange when customers deposit or withdraw physical precious metals. Previously paid directly to vaults by customers, now collected by banks on behalf of the Exchange. Transaction service fee/lease registration fee: Fees charged by the Shanghai Gold Exchange based on the volume of precious metal lease transfers, collected by banks on behalf of the Exchange. Pledge registration fee: Fees charged by the Shanghai Gold Exchange according to the quantity of pledged assets in precious metal collateral transactions, collected by banks on behalf of the Exchange. Delivery fee: Fees charged by the Shanghai Gold Exchange on customers engaging in silver spot deliveries, collected by banks on behalf of the Exchange. Currently waived temporarily by the Exchange. Overdue fee: According to the regulations of the Shanghai Gold Exchange, the exchange may impose overdue fees on deferred contracts held beyond the specified period through a two-tiered charging system. The specific holding duration thresholds for each tier shall be subject to the Exchange’s official notice. Currently waived temporarily by the Exchange. |
All fees listed in the table are collected/distributed by CIB on behalf of the Shanghai Gold Exchange, and the applicable rates may be adjusted according to trading rules and market conditions. The specific rates shall be subject to the latest announcement by the Shanghai Gold Exchange. |