In order to enhance the index investability, Shenzhen Securities Information Co., Ltd. decided to revise the methodology of CNI Oil&Gas Index.

1. Modify the index universe to “Company business classified as the oil and gas industry, including oil and gas exploration and production, oil and gas equipment and service, oil and gas transmission and distribution and sale, etc.” 

2. Revise the selection method to “Rank the securities in the index universe by daily average trading value in descending order and remove bottom 10% securities. Rank remaining securities by daily average total market cap in descending order and select top 100 securities as index constituents.”

3. Revise the periodic review to “The number of new constituents in each periodic review shall not exceed 10% of the total number of index constituents. New candidate securities ranked top 70% of the total number of index constituents are selected in order; existing constituents ranked top 130% are remained in the index with priority.”

4. Revise the weighting method to “The weight of individual constituent of oil and gas exploration and production, oil and gas equipment and service is set no more than 15%, the weight of other individual constituent is set no more than 3%, the total weight of the top 5 constituents is set no more than 60% and the total weight of constituents in oil and gas exploration and development, oil and gas equipment and service is set no less than 2/3 in each periodic review.”

The revision will be implemented on November 8, 2022. Please refer to the official website of CNI Index (www.cnindex.com.cn) for more details. 

Shenzhen Securities Information Co., Ltd.

November 1, 2022