002709SZSE

Announcement on the Development of Futures and Derivatives Business for 2026

✨ AI Summary

The company plans to engage in futures and derivatives trading for 2026 to mitigate price fluctuation risks on production materials and achieve investment returns. The total investment is capped at 30 million RMB, with trading focused on raw materials like acids, alkalis, and metals over a period not exceeding 12 months. The board approved this initiative on March 6, 2026, acknowledging potential market, liquidity, credit, and operational risks, for which risk control measures are in place.

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Full Translation

AI Translation· azure_openai

Important Content Notice:

  1. Purpose of the Transaction: To reduce the impact of price fluctuations related to production materials on the company's economic operations. Under the premise of effective risk control, the company aims to utilize available funds to enhance the use of investment capital and achieve certain investment returns.

  2. Transaction Amount: The total investment for futures and derivatives trading activities in 2026 is not to exceed 30 million RMB. This amount may be used within the approved limits during the trading period.

  3. Approval Process: On March 6, 2026, the company convened the sixth board meeting of the fourth session, which approved the proposal regarding the futures and derivatives business for 2026. This proposal requires the submission of the 2025 annual report for review.

  4. Risk Reminder: The company's futures and derivatives trading activities may face effective control risks while obtaining investment returns. However, there may be market risks, liquidity risks, credit risks, operational risks, and other related risks that need to be noted.

Investment Situation Overview

  1. Investment Purpose: To reduce the impact of price fluctuations related to production materials on the company's economic operations. Under the premise of effective risk control, the company aims to utilize available funds to enhance the use of investment capital and achieve certain investment returns.

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