SHFE issues two-party invoicing business guidelines, effective after close on 15 January 2027

Summary

SHFE published its Two-Party Invoicing Business Guidelines (《上海期货交易所两方开票业务指引》) to strengthen management of two-party invoicing. They take effect after the close on 15 January 2027. At the same time, the Cast Aluminium Alloy Two-Party Invoicing Business Guidelines (August 2025 edition) are repealed. The Chinese text prevails over the English version.

Timing

Effective after the close on 15 January 2027; the Cast Aluminium Alloy Two-Party Invoicing Business Guidelines (August 2025 edition) are repealed at the same time.

Applies to

SHFE two-party invoicing business. The notice text does not state which products or participants the new guidelines cover.

Not covered

The guidelines themselves are in the attachment and are not summarised here. This summary does not establish the products covered, the procedures or how the new guidelines differ from the repealed cast aluminium alloy guidelines. The English text is for reference only.

The official Chinese text prevails.