Shenzhen Four Seasons Electronic Technology Co., Ltd. (hereinafter referred to as "the Company" or "Four Seasons") announces the following regarding the launch of foreign exchange derivative trading business:
- The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Important Content Reminder:
- To mitigate and prevent exchange rate risks, the Company and its subsidiaries plan to conduct foreign exchange hedging through foreign exchange derivative trading based on specific business conditions. The currencies involved are limited to those related to actual business transactions, with a business scale not exceeding RMB 300 million. The types of foreign exchange derivative trading include but are not limited to foreign exchange forward transactions, foreign exchange swap transactions, foreign exchange option transactions, and combinations of the aforementioned products.
- On March 30, 2026, the Company held the 19th meeting of the 3rd Board of Directors, which reviewed and approved the proposal on the launch of foreign exchange derivative trading business. This proposal does not require submission to the shareholders' meeting for approval.
- Risk Warning: The Company and its subsidiaries will conduct foreign exchange derivative trading in accordance with prudent principles. The trading is closely related to daily operational needs and is based on the status of foreign currency assets, liabilities, and foreign exchange income and expenditure to mitigate and prevent exchange rate risks. However, there are certain market risks, liquidity risks, and performance risks involved in foreign exchange derivative trading, and investors are advised to pay attention to investment risks.