300274SZSE

Announcement on Continuing Foreign Exchange Hedging Business and Feasibility Analysis

✨ AI Summary

The announcement outlines the company's decision to continue its foreign exchange hedging business to manage risks associated with market fluctuations. It specifies that the total amount for these transactions is not to exceed 2.9 billion yuan. The company aims to enhance its risk management framework and ensure compliance with regulatory requirements.

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Full Translation

AI Translation· azure_openai

The company and its board of directors ensure that the content of this announcement is true, accurate, complete, and free from false records, misleading statements, or significant omissions.

Important Content Highlights:

  1. To effectively manage risks associated with foreign exchange market fluctuations, the company will continue to develop its foreign exchange hedging business. The total amount for these transactions is not to exceed 2.9 billion yuan (inclusive), and the company plans to submit this for board approval within one month, ensuring effective risk management.

  2. The company will implement foreign exchange hedging tools for risk management, including foreign exchange forwards, options, and structured products.

  3. Based on the regulatory guidelines from the Shenzhen Stock Exchange, the company will adhere to the relevant rules and regulations regarding foreign exchange hedging.

  4. This foreign exchange hedging business will be conducted within the framework of the company's established risk management policies.

Basic Situation of Foreign Exchange Hedging Business

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