The company and its board of directors ensure that the information disclosed is true, accurate, and complete, without any false records, misleading statements, or major omissions.
Zhongji Xichuang Co., Ltd. (hereinafter referred to as "the Company" or "Zhongji Xichuang") passed the proposal regarding the continuation of foreign exchange hedging business at the 39th meeting of the second session of the board of directors held on March 27, 2026. The company and its subsidiaries plan to conduct foreign exchange hedging business to manage currency risks, with a maximum transaction amount not exceeding 150 million RMB (or equivalent in other currencies).
I. Purpose of Continuing Foreign Exchange Hedging Business
The company and its subsidiaries aim to expand foreign exchange hedging services to mitigate risks associated with foreign currency fluctuations. The hedging activities will help stabilize the company's financial performance and reduce potential losses from currency exchange rate volatility.