000676SZSE

Announcement on the development of foreign exchange derivatives trading business

✨ AI Summary

Zhidu Technology Co., Ltd. has announced the development of its foreign exchange derivatives trading business, aimed at hedging against exchange rate and interest rate risks. The board approved a maximum trading margin of RMB 45 million, with a daily contract value limit of RMB 45,000. The trading will involve various products, including forwards and options, and will be conducted with reputable financial institutions. The initiative is expected to enhance financial stability and reduce costs without impacting core business operations.

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Zhidu Technology Co., Ltd Announcement on the development of foreign exchange derivatives trading business Stock code: 000676 Stock abbreviation: Zhidu shares Announcement number: 2025-044 Zhidu Technology Co., Ltd Announcement on the development of foreign exchange derivatives trading business The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate and complete, and there is no falsehood False records, misleading statements or material omissions.

Important contentTip:
1 、Purpose of the transaction: For the purpose of hedging and avoiding exchange rate or interest rate risks
2. Transaction types: forward foreign exchange settlement and sales, foreign exchange options, swaps and other products or a combination of the above products
3. Transaction amount:The maximum amount of trading margin expected to be used (including the security price provided for the transaction

value, the credit line of the financial institution expected to be occupied, the margin reserved for emergency measures, etc.) in RMB 45 million yuan, and the maximum contract value expected to be held on any trading day is RMB 45,000 (or equivalent). foreign currency), the funds within the quota can be recycled, and the transaction amount at any point in time during the transaction period (including the aforementioned investment The relevant amount of reinvestment of the proceeds of the capital shall not exceed the above amount.

  1. Implementation procedures: Zhidu Technology Co., Ltd. (hereinafter referred to as the "Company") on December 8, 2025 The 13th meeting of the 10th board of directors was held on the 10th day, and the "Zhidu Technology Co., Ltd. on the opening Proposal on Foreign Exchange Derivatives Trading Business. This matter does not involve related party transactions and is a decision of the board of directors of the company

authority, without submitting it to the shareholders' meeting for consideration. 5. Risk warning: The foreign exchange derivatives business planned by the company follows the legality, prudence, safety and existence

The principle of effectiveness,On the basis of normal business operations, in order to avoid and prevent exchange rates,Interest rate risk is the main purpose,
No speculation andPure arbitrage trading. However, there is still a certain amount ofin the operation of derivatives trading business
Market risk, internal control risk, performance risks and legal risks, etc., Investors are advised to pay attention to investment

Capital risk.

  1. Overview of the investment situation

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