Announcement on Conducting Foreign Exchange Hedging Business
Changzhou Amaton Co., Ltd. and all members of the board of directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Important Notice:
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Purpose of Transactions, Types of Transactions, Trading Instruments, Counterparties, and Transaction Amounts: To hedge against exchange rate fluctuation risks and achieve the company's goal of stable operations, Changzhou Amaton Co., Ltd. (hereinafter referred to as "the Company") intends to conduct foreign exchange hedging related to its daily operations. The counterparties will be financial institutions approved by regulatory authorities and qualified to conduct foreign exchange hedging operations. The amount for the foreign exchange hedging business will not exceed RMB 200 million or its equivalent in foreign currency, valid for 12 months from the date of board approval, and can be rolled over within this limit. The funding sources will be the company's own funds and other legally permitted means. The foreign exchange hedging business will primarily include, but not be limited to, forward foreign exchange contracts, foreign exchange swaps, foreign exchange forwards, and foreign exchange options.
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Review Procedures: This matter has been approved by the sixth meeting of the sixth board of directors of the Company. This matter falls within the decision-making authority of the board of directors and does not require submission to the shareholders' meeting for approval.
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Risk Warning: The Company will conduct foreign exchange hedging business in accordance with the principles of legality, prudence, safety, and effectiveness, avoiding speculative and arbitrage trading operations. However, there may still be market risks, internal control risks, performance risks, and legal risks, and investors are advised to pay attention to investment risks.