Chapter I General Provisions Article 1 This Center is specially established to establish an inter-bank foreign exchange trading system, improve the management of the foreign exchange market, and safeguard the fairness of foreign exchange trading and the legitimate rights and interests of traders. Article 2 The Center implements the membership system and is an independent accounting and non-profit enterprise legal person. Article 3 The Center accepts the leadership and supervision of the People's Bank of China and the State Administration of Foreign Exchange. Article 4 The headquarters of this center is located in Shanghai, and other regions may set up sub-centers according to actual needs. Article 5 The announcement of the center shall be published in the daily newspapers that are publicly issued. Chapter II Registered Capital Article 6 The registered capital of the Center is 1 100 million yuan. Chapter III Business Article 7 The Center handles the following businesses:

1. Provide centralized foreign exchange trading system;

2. Organizing the listing of foreign exchange trading varieties;

3. Handling the clearing and delivery of foreign exchange transactions;

4. Providing foreign exchange market information services;

5. Other businesses licensed or entrusted by the competent authority. Chapter IV Membership Article 8 Designated foreign exchange banks, foreign-funded banks and other financial institutions that have been approved by the State Administration of Foreign Exchange to engage in foreign exchange business may become members of the Center upon application for approval. The Center shall report the membership list and relevant information to the State Administration of Foreign Exchange for the record. The State Administration of Foreign Exchange has the right to revoke its membership according to relevant regulations. Branches of designated foreign exchange banks and other financial institutions engaged in foreign exchange business may also become members of the center according to the same procedures with the authorization of their head offices or headquarters. Article 9 Members of the Center shall enjoy the following rights:

1. has the right to attend the member representative meeting;

2. Have the right to vote and be elected;

3. Have the right to propose and vote on central affairs;

4. Have the right to use the communication and computer network of the Center to conduct foreign exchange transactions and enjoy the services and facilities provided by the Center;

5. Have the right to supervise the affairs of the Center and the activities of other members. Tenth center members have the following obligations:

1. Implement relevant national laws and regulations and conduct foreign exchange transactions according to law;

2. Abide by the articles of association and various rules and regulations of the Center and implement the resolutions of the Center;

3. Designate qualified representatives to engage in foreign exchange trading activities;

4. Maintain the normal order of the foreign exchange market and promote the stable and healthy development of the foreign exchange market;

5. Pay funds according to regulations and provide relevant information;

6. Maintain the communication system, computer network and other service facilities of the center;

7. Accept the supervision of the Center. Article 11 The Center has the right to impose the following penalties on members who fail to fulfill their obligations:

1. Oral warning;

2. written notice;

3. Fine;

4. Suspension of trading qualification;

5. expel from the party.

According to the seriousness of the case, the above punishment can be given. Chapter V General Meeting of Members Article 12 The general meeting of members is the highest authority of the Center. Article 13 The general meeting of members shall be held once a year, and more than two thirds of the members shall attend. When the general meeting of members is not in session, a special meeting of the general meeting of members may be held upon the proposal of the board of directors or more than two thirds of the members. Article 14 The general meeting of members shall exercise the following functions and powers:

1. Formulate, amend or abolish the articles of association of the Center;

2. Election and recall of members of the Council;

3. Deliberating and adopting the work reports of the Board of Directors and the President;

4. Review and approve the financial budget and final accounts report;

5. Decide to establish or cancel the special committee of the Center;

6. Other major issues that must be considered and decided by the general meeting of members. Article 15 The general meeting of members shall be convened by the Council, with the chairman as the chairman. In the absence of the chairman, the chairman shall designate an executive director as the chairman. Article 16 When a member proposes a motion to the general meeting of members, it must be jointly proposed by more than 30 members before it can be put to the vote. Article 17 The resolution of the general meeting of members shall be agreed by more than two thirds of the members present. Voting is by secret ballot, and each member has one vote. Chapter VI Board of Directors Article 18 The Center has a board of directors, which is the decision-making body of the Center when the general meeting of members is not in session and is responsible for the general meeting of members. Article 19 The Council shall undertake the following duties:

1. Implement General Assembly resolutions;

2. According to the nomination of the president, consider the application of new members to join the center;

3. Appoint the President;

4. To examine and approve the business rules and work plans proposed by the President;

5. Consider the punishment for expelling membership;

6. Review and approve the financial budget and final accounts proposed by the President. Article 20 The board of directors consists of 65,438+03 directors, including 8 directors, who are elected by the general meeting of members from the legal representatives of members or representatives attending the general meeting; Five non-member directors are nominated by the competent authority and elected by the general meeting of members. The term of office of member directors and non-member directors is two years, and they can be re-elected. Article 21 The Council shall have a chairman who is a non-member director, nominated by the competent authority and elected by the Council. Article 22 The board of directors shall have seven executive directors, including the chairman, the president, three non-member directors and four member directors, who shall exercise their functions and powers on behalf of the board of directors when it is not in session. Article 23 The work of the board of directors shall be presided over by the chairman. If the chairman is unable to perform his duties for some reason, he shall appoint a managing director to perform his duties.