Important Content Summary:
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Purpose of the transaction, types of trading products, and trading limits: Wuxi Huadong Heavy Machinery Co., Ltd. (hereinafter referred to as "the Company") plans to develop foreign exchange derivative trading, effectively managing foreign exchange risks and enhancing financial stability. The trading limit will not exceed 800 million RMB (or equivalent foreign currency, including principal), and this limit may be adjusted, but the total amount will not exceed 800 million RMB (or equivalent foreign currency, including principal) at any time. This limit will be effective from the date of approval at the 2025 shareholder meeting until the end of 2026.
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Application process: This announcement is based on the decision made at the 34th meeting of the fifth board of directors on April 20, 2026, which requires the approval of the shareholder meeting.