Announcement on Carrying Out Foreign Exchange Derivative Trading Business
The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or material omissions.
Special Notes:
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Purpose of Trading: To effectively hedge against foreign exchange market risks and reduce the adverse impact of exchange rate fluctuations on the operating performance of Shenzhen China Port Technology Co., Ltd. (hereinafter referred to as the "Company"). The Company and its wholly-owned subsidiaries plan to conduct hedging foreign exchange derivative trading to lock in transaction costs and enhance financial stability.
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Trading Products and Instruments: Primarily includes forwards, swaps (exchanges), and options, as well as hybrid products with one or more features of forwards, swaps (exchanges), and options.
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Trading Venue: Financial institutions approved by the State Administration of Foreign Exchange and the People's Bank of China that possess qualifications for foreign exchange derivative trading business. The trading venue has no relationship with the Company.
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Transaction Amount: The maximum limit for transaction margin and premium for foreign exchange derivative trading business (including the value of collateral provided for the transaction, the credit line of financial institutions expected to be used, and the margin reserved for emergency measures, etc.) shall not exceed RMB 75 million. The projected annual trading volume shall not exceed USD 1.5 billion.
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Deliberation Procedures: On April 27, 2026, the Company held the twelfth meeting of the second Board of Directors, which deliberated and approved the "Proposal on Carrying Out Foreign Exchange Derivative Trading Business." This proposal still needs to be submitted for shareholder approval.
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Special Risk Warning: The Company and its wholly-owned subsidiaries are conducting foreign exchange derivative trading business to better cope with exchange rate fluctuation risks, lock in transaction costs, and reduce operating risks. The Company will not engage in derivative trading for speculative purposes. However, there are still certain market risks, liquidity risks, performance risks, and other risks in the operation of derivative trading business. Investors are advised to pay attention to investment risks.
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