Shenzhen Fastprint Circuit Technology Co., Ltd.
Feasibility Analysis Report on Carrying Out Foreign Exchange Derivative Trading Business
I. Background of Carrying Out Foreign Exchange Derivative Trading Business
Shenzhen Fastprint Circuit Technology Co., Ltd. (hereinafter referred to as "the Company") and its subsidiaries are involved in foreign currency business in their daily production and operation. In the financial market environment of two-way fluctuations in RMB exchange rates and market-oriented interest rates, in order to effectively prevent foreign exchange market risks and reasonably reduce financial expenses, the Company and its subsidiaries included in the consolidated financial statements plan to carry out foreign exchange derivative trading business for the purpose of hedging.
II. Overview of the Company's Foreign Exchange Derivative Trading Business
To hedge against and prevent exchange rate and interest rate fluctuation risks, the Company and its subsidiaries plan to carry out foreign exchange derivative trading business for the purpose of hedging, based on actual business needs. The business products are not limited to forward foreign exchange, foreign exchange swaps, foreign exchange options, cross-currency swaps, cross-interest rate swaps, and other foreign exchange derivative trading products.
The foreign exchange derivative trading products carried out by the Company are all simple foreign exchange derivative products closely related to the Company's basic business, in order to follow the Company's prudent and stable risk management principles.