Announcement on the Estimated Limit for the Company to Engage in Foreign Exchange Hedging Business
Stock Code: 002314 Stock Abbreviation: Nanshan Holdings Announcement No.: 2026-012
Shenzhen Nanshan Holdings (Group) Co., Ltd.
Announcement on the Estimated Limit for the Company to Engage in Foreign Exchange Hedging Business
The company and all members of the board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or major omissions.
On April 27, 2026, Shenzhen Nanshan Holdings (Group) Co., Ltd. (hereinafter referred to as the "Company") held the 28th meeting of the 7th Board of Directors. The meeting deliberated and passed the "Proposal on the Estimated Limit for the Company to Engage in Foreign Exchange Hedging Business." The relevant matters are hereby announced as follows:
I. Overview of Foreign Exchange Hedging Business
1. Purpose of Transaction
Some of the company's overseas orders are settled in foreign currencies. With the continuous expansion of overseas business scale, the volume of foreign exchange settlement business is gradually increasing, and the exchange rate fluctuation risk of forward foreign currency receipts will lead to foreign exchange exposure. To effectively hedge against foreign exchange market risks and prevent adverse impacts of exchange rate fluctuations on the company, the company plans to engage in foreign exchange hedging business without affecting its main business and fund arrangements, in order to lock in the profit margins of corresponding orders. This transaction is based on normal domestic and foreign currency receipts and payments, relies on specific business orders, and the transaction amount and term are matched with actual business needs or risk exposure. It does not involve speculative or purely arbitrage transactions.