Securities Code: 000726 200726
Securities Abbreviation: Lutai A Lutai B
Announcement Number: 2026-027
Lutai Textile Co., Ltd. Foreign Exchange Derivatives (Hedging) Trading Plan Announcement
The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Important Content Reminder:
- Investment Purpose and Type: To avoid exchange rate risks, the company will utilize financial instruments such as forwards, futures, swaps, and options, or a combination of these products, to minimize the impact of exchange rate fluctuations on the company.
- Trading Venue: Financial institutions approved by relevant national agencies or financial and foreign exchange regulatory authorities in the respective countries or regions, qualified to conduct derivative trading.
- Investment Amount: During the business period from July 1, 2026, to June 30, 2027, the total amount of derivative transactions shall not exceed 100% of the foreign exchange income for 2025 (equivalent to no more than $71.444 million).
- Review Procedures: The 10th meeting of the 11th board of directors approved the proposal on the derivative trading plan with 12 votes in favor, 0 against, and 0 abstentions.
- Special Risk Reminder: There are market risks, liquidity risks, and performance risks in the derivative trading process; investors are advised to pay attention to investment risks.