Securities Code: 300737 Bond Code: 123216 Securities Abbreviation: Keshun Co., Ltd. Announcement No.: 2026-017 Bond Abbreviation: Keshun Convertible Bond
Keshun Waterproof Technology Co., Ltd. Announcement on Carrying Out Bulk Raw Material Futures Hedging Business
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
Keshun Waterproof Technology Co., Ltd. (hereinafter referred to as the "Company") held the 20th meeting of the Fourth Board of Directors on April 23, 2026, and reviewed and approved the "Proposal on Carrying Out Bulk Raw Material Futures Hedging Business." It is agreed that the Company will carry out bulk raw material futures hedging business. The relevant situation is hereby announced as follows:
I. Purpose of Carrying Out Hedging Business
As the Company uses raw materials such as asphalt, rubber, and hot coils for the production of waterproof products and seismic isolation products, these bulk raw materials account for a large proportion of the Company's production costs, and their procurement prices fluctuate significantly, which has a considerable impact on the Company's profitability. To effectively hedge or mitigate the potential risks caused by fluctuations in the prices of bulk raw materials to the Company's operations, the Company intends to carry out bulk raw material futures hedging business, fully utilizing the hedging function of the futures market to enhance overall risk resistance, improve profit stability, and promote the Company's steady and sustainable development.
II. Feasibility Analysis of Carrying Out Hedging Business
As raw materials such as asphalt are greatly affected by international crude oil prices and domestic supply and demand, and international crude oil prices are closely related to the international political and economic situation, the prices of asphalt and other petrochemical raw materials have fluctuated violently in recent years, which has had a significant impact on the Company's profitability. To hedge the risks brought by fluctuations in the prices of bulk raw materials to the Company's operations and ensure the healthy and stable development of the Company's main business, it is necessary for the Company to actively carry out bulk raw material futures hedging business by leveraging the characteristics of the bulk raw material futures market, thereby enhancing the Company's overall risk resistance and improving profit stability, and promoting the Company's healthy and sustainable development.