Dear MINAX Users,

To maintain the stability of the Innovation Zone trading market and protect users’ rights to compliant participation, MINAX has formulated market cap control and order placement restriction rules for RWA Brand Asset trading instruments in the Innovation Zone. Please be informed of and comply with the following:

The total market cap of a single RWA Brand Asset in the Innovation Zone shall not exceed USD 800 million. The platform will take “total asset market cap” as the core regulatory basis, monitor the real-time market cap dynamics of the instruments, and ensure they remain within the ceiling. This fundamentally avoids trading risks caused by excessive market cap fluctuations.

Based on the market cap ceiling requirement, each RWA Brand Asset trading instrument in the Innovation Zone is set with a maximum price. The system will trigger order restrictions based on this price: if the price of a buy/sell order submitted by a user exceeds the “maximum price”, the system will directly reject the order submission and display a relevant prompt message.

This rule shall officially take effect from the date of this announcement. For orders placed previously that exceed the maximum price, the system will automatically cancel them. It is recommended that users review the information on the RWA Brand Asset’s instrument detail page before participating in trading in the Innovation Zone to formulate reasonable trading strategies.