Important Content Reminder:
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Purpose of Transactions, Types of Transactions, Trading Instruments, Counterparties, and Transaction Amounts:
To hedge against exchange rate fluctuation risks and achieve stable operations, Mankalon Jewelry Co., Ltd. (hereinafter referred to as "the Company") and its subsidiaries plan to engage in foreign exchange hedging activities related to the Company's daily operations. The counterparties will be financial institutions approved by regulatory authorities and qualified for foreign exchange hedging operations. The maximum contract value held on any trading day for the proposed foreign exchange hedging activities will not exceed 200 million RMB or equivalent foreign currency, with a duration of 12 months from the date of approval by the Company's board of directors. The funding sources will be from self-owned and self-raised funds. -
This transaction has been approved by the Company's ninth meeting of the sixth board of directors held on March 31, 2026, and does not require submission for shareholder approval.
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The foreign exchange hedging activities conducted by the Company will follow a prudent principle and will not involve speculative foreign exchange trading. There are no commitments for capital preservation or guaranteed returns. Although the Company has equipped relevant professionals to carry out the aforementioned activities, there are still risks involved in the implementation process, including market risk, operational risk, performance risk, and legal risk. Investors are advised to pay close attention to these risks.