Securities Code: 002385 Securities Abbreviation: DaBeiNong Announcement Number: 2026-038
Beijing DaBeiNong Technology Group Co., Ltd. Announcement on Continuing to Carry Out Commodity Futures Hedging Business
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or significant omissions.
Key Information Prompt: Transaction Purpose: To fully utilize the hedging function of the futures market to lock in the raw material costs and hog sales prices of Beijing DaBeiNong Technology Group Co., Ltd. and its subsidiaries (hereinafter referred to as "the Company" or "DaBeiNong"), effectively hedge against the risks brought by price fluctuations of upstream raw materials and inventory products in production and operation activities, ensure the relative stability of product costs, enhance the Company's ability to resist raw material price fluctuations, and thus achieve high-quality and stable development of the Company. Transaction Varieties, Transaction Tools, Transaction Venue: The Company will carry out commodity futures hedging business on legally compliant futures exchanges. The Company's hedging business is limited to agricultural product futures varieties listed and traded on domestic futures exchanges that are related to the Company's production and operation, such as live hogs, corn, wheat, soybeans, soymeal, soybean oil, rapeseed meal, and oil products. Transaction Amount: According to the Company's operating goals, the maximum margin deposit required for the Company's commodity hedging business shall not exceed RMB 400 million (excluding the actual delivery payment for the futures underlying assets), and it can be used cyclically within the validity period. Deliberation Procedures Already Performed and to be Performed: The Company's Sixth Board of Directors' Forty-fifth Meeting held on April 22, 2026, deliberated and approved the "Proposal on Continuing to Carry Out Commodity Futures Hedging Business." This matter still needs to be submitted to the Company's shareholders' meeting for deliberation. Risk Warning: Regarding the price fluctuation risk, capital risk, internal control risk, and technical risk in the process of carrying out commodity futures hedging transactions, the Company will actively implement internal control systems and risk prevention measures.