Securities Code: 002381 Securities Abbreviation: Shuangjian Co. Bond Code: 127054 Bond Abbreviation: Shuangjian Convertible Bond Announcement No.: 2026-011
Zhejiang Shuangjian Rubber Co., Ltd. Announcement on Conducting Foreign Exchange Hedging Business
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or significant omissions.
Key Information Highlights:
- Transaction Purpose: To prevent and reduce the risk of exchange rate fluctuations affecting the company's operations and to enhance financial stability, Zhejiang Shuangjian Rubber Co., Ltd. (including its controlled subsidiaries, hereinafter referred to as "the Company") plans to conduct foreign exchange hedging business.
- Transaction Varieties: Including but not limited to foreign currencies such as USD, EUR, and AUD, which are the same as the settlement currencies used in the company's production and operation.
- Transaction Tools: Including but not limited to forward foreign exchange settlement and sales, foreign exchange swaps, foreign exchange futures, foreign exchange options, and other foreign exchange derivative products.
- Transaction Venue: Financial institutions approved by relevant regulatory authorities and possessing qualifications for foreign exchange derivative hedging business.
- Transaction Amount: Within the next twelve months, the maximum contract value held on any single trading day is expected not to exceed USD 80 million (all other foreign currencies converted to USD). The upper limit of transaction margin and premium (including collateral provided for transactions, estimated financial institution credit lines, and margin reserved for contingencies) is expected not to exceed RMB 50 million (all other foreign currencies converted to RMB). The transaction amount at any point within the period (including amounts related to the reinvestment of profits from the aforementioned transactions) will not exceed the approved limit.
- Deliberation Procedures Completed: On April 1, 2026, the second meeting of the ninth Board of Directors reviewed and approved the "Proposal on Conducting Foreign Exchange Hedging Business." This matter still needs to be submitted to the Company's shareholders' meeting for approval.
- Risk Warning: The Company's foreign exchange hedging business adheres to the principles of legality, prudence, safety, and effectiveness. It will not engage in speculative or arbitrage trading operations, but market risk, operational risk, and credit risk may still exist.