300274SZSE

Announcement on Conducting Commodity Futures and Derivatives Hedging Business and Feasibility Analysis

✨ AI Summary

The announcement outlines the company's plan to engage in commodity futures and derivatives hedging to mitigate price risks. The maximum transaction amount is set at RMB 20 million per transaction, with a total limit of RMB 100 million. The hedging activities are expected to enhance the company's operational stability and financial performance. The board has approved the proposal, which will be submitted for further review.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

The company and its board of directors confirm the authenticity, accuracy, and completeness of the contents of this announcement, and bear no false records, misleading statements, or major omissions.

Important Content Summary:

  1. To effectively reduce risks associated with the company's operations, the company plans to engage in commodity futures and derivatives hedging. The maximum transaction amount is set at RMB 20 million per transaction, with a total limit of RMB 100 million.

  2. Based on the guidelines from the Shenzhen Stock Exchange, the company will conduct these hedging activities within a 12-month effective period.

  3. The hedging transactions will involve various commodities such as crude oil, copper, aluminum, and plastics, and will be subject to the company's internal approval processes.

Transaction Amount and Limits

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