Chapter 1 General Principles
Article 1
To standardize the foreign exchange hedging business and related information disclosure of Dalian Technology Co., Ltd. (hereinafter referred to as "the Company") and its wholly-owned subsidiaries, holding subsidiaries, or other enterprises controlled by the Company (hereinafter collectively referred to as "Subsidiaries"), strengthen management of foreign exchange hedging business, prevent investment risks, improve the management mechanism of the Company's foreign exchange hedging business, and ensure the safety of the Company's assets, this system is formulated in accordance with the relevant provisions of the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Shenzhen Stock Exchange GEM Listing Rules, the Administrative Measures for Information Disclosure of Listed Companies, the Self-Regulatory Guidelines No. 2 for GEM Listed Companies, the Self-Regulatory Guidelines No. 7 for Listed Companies on the Shenzhen Stock Exchange regarding Transactions and Related Transactions, and the Articles of Association of Dalian Technology Co., Ltd. (hereinafter referred to as "the Articles of Association"), combined with the actual situation of the Company.
Article 2
The foreign exchange hedging transactions referred to in this system are those conducted with financial institutions to avoid and prevent foreign exchange rate or foreign exchange interest rate risks, primarily including but not limited to: forward foreign exchange contracts, foreign exchange swaps, foreign exchange options, interest rate swaps, interest rate swaps, interest rate options, or combinations of the above products.
Article 3
This system applies to the foreign exchange hedging business conducted by the Company and its subsidiaries. The Company and its subsidiaries shall carry out foreign exchange hedging business in accordance with the relevant provisions of this system and fulfill relevant approval and information disclosure obligations. Without the relevant approval of the Company, the Company and its subsidiaries shall not engage in foreign exchange hedging business.
Article 4
The Company's foreign exchange hedging business shall comply with the relevant laws, regulations, and normative documents of the state, as well as the relevant provisions of this system.
Chapter 2 Business Operation Regulations
Article 5
The Company shall conduct foreign exchange hedging business in accordance with the principles of legality, prudence, safety, and effectiveness, based on normal production and operation, matching with the Company's actual business, aiming to avoid and prevent exchange rate risks, and shall not affect the normal operation of the Company or engage in speculative hedging business.
Article 6
The Company may only conduct foreign exchange hedging business with banks and other financial institutions that have been approved by relevant government departments and possess the relevant business qualifications, and shall not conduct transactions with other organizations or individuals outside the aforementioned financial institutions.
Article 7
The Company must base its foreign exchange hedging business on prudent forecasts of its foreign currency receipts (payments), and the contract foreign currency amount shall not exceed the actual demand for foreign currency receipts (payments). Additionally, for foreign currency financing, the Company shall reasonably arrange the amount, variety, and timing of foreign exchange hedging in accordance with the above principles to ensure the effectiveness of the foreign exchange hedging.
Article 8
The Company must establish foreign exchange hedging accounts in its own name and shall not use others' accounts for foreign exchange hedging business.
Article 9
The Company must have its own funds that match the foreign exchange hedging business and shall not use raised funds directly or indirectly for foreign exchange hedging. It shall strictly control the scale of funds according to the foreign exchange hedging transaction limits approved by the shareholders' meeting or board of directors, ensuring that it does not affect the normal operation of the Company.