To implement the Opinions of the General Office of the State Council on Promoting High-Quality Development of Refined Oil Circulation and strengthen tax supervision over the refined oil retail sector, the State Taxation Administration has issued this Announcement, mandating all refined oil retail gas stations nationwide to fully issue digital electronic invoices via the Leqi Platform to realize "invoice issuance upon transaction". Key provisions of the Announcement are set forth below:

• Applicable Parties

All taxpayers engaged in refined oil retail business shall immediately issue digital electronic invoices to purchasers based on transaction data via the Leqi Platform upon completion of refined oil sales.

• Two Optional Access Modes to the Leqi Platform

Taxpayers may select either mode to connect to the Leqi Platform based on their capacity for information system renovation: Leqi Self-operation (Independently develop and connect interfaces) or Leqi Co-operation (Indirect access via third-party platforms).

• Core Rules for "Invoice Issuance Upon Transaction"

1) Where payment for refined oil sales is collected through third-party payment platforms or internet platforms, real-time invoice issuance after transactions can be realized under the "invoice issuance upon payment" mechanism.

2) Where payment is collected via refueling card top-ups, invoices shall be issued through the Leqi Platform. Purchasers may either obtain non-tax ordinary invoices upon top-up, or ordinary invoices or special VAT invoices upon refueling. Only one of the two options is available.

3) Where payment is collected via cash, credit sales, corporate account transfers or other methods, invoices shall be issued through the Leqi Platform immediately after transaction completion.

• Specifications for Invoice Reissuance and Consolidated Invoicing

1) The invoice title may be revised online only once.

2) Conversion of ordinary invoices to special VAT invoices shall be processed offline.

3) Where the purchaser is an individual or an individual refueling card user who sets the invoice title as an enterprise, special VAT invoices shall not be issued.

4) Consolidated invoicing is permitted only if the purchaser is an enterprise and payment is made via corporate accounts; consolidated invoicing is prohibited under all other circumstances.

• Transition Period Arrangements

All refined oil retail gas stations shall fully implement "invoice issuance upon transaction" by November 1, 2026. Failure to comply by the deadline will result in legal penalties imposed by tax authorities.