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What is happening during the maintenance hour of E-Mini S&P 500?

Personal Finance & Money Asked on June 27, 2021

I’m trying to better understand the trading hours of the E-mini 500 S&P, which according to the CME Groups web pages are shown like this:
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This is, however, rather incomprehensible for anyone non-expert.

There (and elsewhere) they say there is a "Daily Maintenance" hour between 4pm - 5pm (Mon-Thu).

Q: What does that mean, and what going on at that time (what significance does it have)?

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