Beijing BlueFocus Data Technology Group Co., Ltd. announces the following regarding the conduct of foreign exchange derivative hedging business and feasibility analysis. The company and all members of the board ensure that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Important Content Reminder:
- With the development of Beijing BlueFocus Data Technology Group Co., Ltd.'s (hereinafter referred to as "the Company") overseas business, the demand for foreign currency settlement is continuously rising. To enhance the Company's ability to respond to foreign exchange volatility risks and effectively avoid and prevent foreign exchange market risks, the Company and its subsidiaries plan to conduct foreign exchange hedging business with banks and other financial institutions approved by relevant government departments and qualified to operate foreign exchange hedging business. The trading varieties include but are not limited to forward foreign exchange settlement, foreign exchange swaps, foreign exchange options, interest rate swaps, interest rate options, currency swaps, and combinations of the aforementioned products.
- The foreign exchange hedging business conducted by the Company and its subsidiaries follows the principle of locking in exchange rate risks and does not engage in purely profit-driven foreign exchange hedging activities. However, certain risks still exist during the conduct of foreign exchange hedging business. The Company operates based on real trade backgrounds, and the related risks are controllable. On April 15, 2026, the Company held the 24th meeting of the 6th Board of Directors, which reviewed and approved the proposal on conducting foreign exchange derivative hedging business and feasibility analysis, agreeing to conduct foreign exchange hedging business with a total limit not exceeding 2 billion RMB, with an expected maximum margin and premium not exceeding 500 million RMB. The general manager's office is authorized to approve daily foreign exchange hedging business plans and sign relevant agreements and documents, with the limit valid for 12 months from the date of approval by the shareholders' meeting. This proposal is subject to review by the Company's shareholders' meeting.