Important Content Reminder:
- Purpose of Transaction, Transaction Type, Trading Tools, Trading Venue, Transaction Amount:
Shenzhen Tefa Information Co., Ltd. (hereinafter referred to as the "Company")'s controlling subsidiary, Shenzhen Tefa Information Optical Network Technology Co., Ltd. (hereinafter referred to as "Optical Network Technology"), has significant overseas business operations, with the primary settlement currency being USD. To effectively hedge against foreign exchange fluctuation risks and reduce the impact of exchange rate changes on its production and operations, Optical Network Technology intends to conduct foreign exchange forward settlement and sale business at an opportune time. The maximum contract value held on any trading day during the validity period will not exceed USD 15 million, and this amount can be rolled over within the validity period of 12 months from the date of approval by the shareholders' meeting. - Review Procedure:
On April 29, 2026, the Company held the 32nd meeting of the 9th Board of Directors, which approved the proposal on conducting foreign exchange forward settlement and sale business by the controlling subsidiary. This proposal still requires approval from the shareholders' meeting. - Risk Warning:
Optical Network Technology's foreign exchange forward settlement and sale business is not for speculative purposes but aims to effectively hedge against the impact of exchange rate fluctuations. However, there are risks involved in the hedging process, including exchange rate fluctuation risks, internal control risks, and performance risks. The Company will actively implement management systems and risk prevention measures and execute hedging operations prudently. Investors are advised to pay close attention to investment risks. The Company and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.