On April 3, 2020, the CME Group modified the code of the IT system to allow the “negative oil price” declaration and trading for the first time. On April 22, the “Crude Oil” product related to WTI crude oil futures developed by the Bank of China had problems. It has caused huge losses to investors and has attracted wide attention from all walks of life.

In order to discuss and exchange the financial risk events caused by the violent capital market volatility in the context of the New Coronary Pneumonia epidemic and the lessons and enlightenment it brings, at the same time, it coincides with the second national investor protection promotion day, May 15, 2020, The China Investor Education and Protection Research Center of the Beijing Wuzi University, the Futures Research Institute of the Beijing Wuzi University, and the Securities and Futures Research Institute of Beijing Technology and Business University, and the China Futures and Financial Derivatives Research Center of China Agricultural University jointly hosted the "U.S. Crude Oil Negative Price and BOC Crude Oil Treasure Event" Enlightenment" online forum. The co-organizers of this forum are China Business Press, China Fortune Press, Yide Futures Co., Ltd. and Jinpeng Futures Brokerage Co. Ltd. The forum is exclusively hosted by the 50 Person Forum of China's Capital Market.

At 8:30 am on May 15, 2020, the forum was held online on time. Professor Wang Wenju, Secretary of the Party committee of Beijing Wuzi University, Professor He Mingke, vice president of Beijing Wuzi University, Mr. Yang Yun, vice president of China business press, Ministry of Commerce, and Deputy Secretary General of China business think tank, as well as some guests from the cooperative units attended the meeting; Guests attending the meeting also included guests from other futures, securities industry, and entity companies, as well as guest representatives from related media, alumni, and co-organizers；Participants also included Professor Zhang Guosheng, Vice Dean of the University of Economics, Beijing Wuzi University (presided over the work), Professor Liu Chongxian, Vice Dean, and teachers from the Department of Futures and Securities, Finance, and graduate students from the University of Economics, including nearly 300 teachers and students. The forum was co-chaired by Associate Professor Liu Li, Deputy Director of China Investor Education and Protection Research Center of Beijing Wuzi University and Professor Hu Yuyue, Director of the Institute of Securities and Futures of Beijing Technology and Business University.

The well-known experts from all walks of life in politics, industry, science and research, who were invited to attend this forum, delivered wonderful speeches and shared their insights online. Professor Chang Qing, Research Center for Futures and Financial Derivatives, China Agricultural University, Mr. Guo Zhouming, President of China Business Press, Ministry of Commerce, Mr. Huang Yuncheng, a former researcher at the China Securities Regulatory Commission Research Center, and Professor Hu Yuyue, Director, Institute of Securities and Futures, Beijing Technology and Business University , Mr. Yu Xuehui, China’s chief futures lawyer, Mr. She Jianyue, crude oil expert, assistant general manager of Yide Futures Co., Ltd., Professor Feng Yucheng, deputy director of the Institute of Futures of Beijing Wuzi University, Mr. Yu Mengguo, general manager of Jinpeng Futures Brokerage Co., Ltd. and other guests from an academic perspective In-depth interpretation and discussion of the negative oil price and the Bank of China crude oil incident.

The forum was held online through the Tencent conference and was broadcast on platforms such as Baidu, Sina, Toutiao Finance, Wind 3C, and China HowNet. Among them, Baidu online participants reached 1.28 million and Sina online participants reached 530,000. This forum has received extensive attention from all walks of life, and has played a positive role in the development of the futures industry and investor risk education.