002167SZSE

Announcement on Carrying Out 2026 Forex Derivative Business

✨ AI Summary

To hedge against exchange rate and interest rate risks, the company and its subsidiaries plan to engage in forex derivative business with financial institutions, not exceeding USD 20 million equivalent. This decision was approved by the Strategic Committee and the Board of Directors, and does not require shareholder approval. The company will focus on simple products and risk control measures to mitigate potential losses.

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Full Translation

AI Translation· gemini_document

Securities Code: 002167 Securities Abbreviation: Oriental Zirconium Industry Announcement Number: 2026-017

Guangdong Oriental Zirconium Industry Technology Co., Ltd. Announcement on Carrying Out 2026 Forex Derivative Business

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false records, misleading statements, or significant omissions.

Key Information Prompt:

  1. Business Overview: To prevent exchange rate and interest rate fluctuation risks, the Company and its holding subsidiaries plan to engage in forex derivative business with banks and other financial institutions, not exceeding USD 20 million equivalent, including but not limited to forward foreign exchange settlement and sales, forex swaps, forex exchanges, forex options, or a combination of the above products.
  2. Deliberation Procedures Completed: This matter has been reviewed and approved by the second meeting of the Ninth Strategic Committee and the fourth meeting of the Ninth Board of Directors, and does not require submission to the Company's shareholders' meeting for deliberation.
  3. Risk Warning: In the process of carrying out forex derivative business, there are risks of exchange rate fluctuations, internal control, transaction default, and forecasting. Investors are kindly reminded to pay attention to investment risks.

Guangdong Oriental Zirconium Industry Technology Co., Ltd. (hereinafter referred to as the "Company") held the second meeting of the Ninth Strategic Committee and the fourth meeting of the Ninth Board of Directors on April 20, 2026, and reviewed and approved the "Proposal on Carrying Out 2026 Forex Derivative Business."

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