Stock Code: 002362 Stock Abbreviation: Hanwang Technology Announcement No.: 2026-02
Hanwang Technology Co., Ltd. Announcement on Estimated Amount of Foreign Exchange Derivative Transactions
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or significant omissions.
Key Content Highlights: Transaction Purpose: To hedge against and prevent the adverse impact of exchange rate and interest rate fluctuations on the profits of Hanwang Technology Co., Ltd. (hereinafter referred to as the "Company"). The Company plans to conduct foreign exchange derivative transactions based on its actual business and capital situation, fully utilizing foreign exchange derivative tools to control exchange rate gains and losses, and reduce the impact of exchange rate and interest rate risks on the Company's operating performance. Transaction Tools: Including but not limited to forward foreign exchange settlement and sales, foreign exchange spot and forward transactions, foreign exchange options, currency swaps, foreign exchange interest rate swaps, and combinations of the above product features. Transaction Venue: Financial institutions with good credit standing, approved by the State Administration of Foreign Exchange and the People's Bank of China, and possessing qualifications for foreign exchange derivative business operations. Transaction Amount: The Company and its holding subsidiaries plan to conduct foreign exchange derivative transactions with a maximum outstanding contract amount not exceeding USD 30 million or its equivalent in other currencies. The estimated maximum transaction margin and option premium to be utilized will not exceed USD 30 million or its equivalent in other currencies. The authorization period is valid for twelve months from the date of approval by the shareholders' meeting in 2025, and the amount within the authorized limit can be used on a revolving basis within the authorization period.