Stock Code: 300428 Stock Abbreviation: Lizhong Group Announcement No.: 2026-026
Lizhong Sitong Light Alloy Group Co., Ltd. Announcement on Carrying Out 2026 Commodity Futures Hedging Business
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.
Lizhong Sitong Light Alloy Group Co., Ltd. (hereinafter referred to as the "Company") held the 39th meeting of the Fifth Board of Directors on April 28, 2026. The meeting deliberated and approved the "Proposal on Carrying Out 2026 Commodity Futures Hedging Business," the specific content of which is as follows:
I. Overview of Commodity Futures Hedging Business
(I) Investment Purpose and Necessity The main raw materials for the Company and its holding subsidiaries are aluminum, aluminum alloys, copper, silicon, and other related products. Based on the Company's production and operation situation, to avoid the impact of raw material price fluctuations, the Company and its holding subsidiaries plan to carry out commodity futures hedging business. Through the hedging mechanism, the impact of raw material price fluctuations on product cost will be reduced, and the Company's profit will be relatively stable. The hedging business carried out by the Company and its holding subsidiaries is for normal production and operation purposes, not for speculative or arbitrage transactions for profit. It will not affect the development of the Company's main business, and the Company's capital utilization arrangement is reasonable.