Jin Xinnuo announced that the company plans to develop hedging services for Shanghai copper and Shanghai tin futures to manage the risk of fluctuations in raw material prices. The business investment deposit does not exceed 20 million yuan, and the maximum contract value on any trading day does not exceed 200 million yuan. The business cycle is valid for 12 months from the date of review and approval by the shareholders' meeting, and the amount can be recycled. On December 3, 2025, the Board of Directors and a special meeting of independent directors all reviewed and passed the bill. The company set up a leading group and working group to revise the management system. The sponsor agency believes that the business is reasonably necessary. There is no objection, and it still needs to be reviewed by the shareholders' meeting.

Jin Xinnuo announced that the company plans to develop hedging services for Shanghai copper and Shanghai tin futures to manage the risk of fluctuations in raw material prices. The business investment deposit does not exceed 20 million yuan, and the maximum contract value on any trading day does not exceed 200 million yuan. The business cycle is valid for 12 months from the date of review and approval by the shareholders' meeting, and the amount can be recycled. On December 3, 2025, the Board of Directors and a special meeting of independent directors all reviewed and passed the bill. The company set up a leading group and working group to revise the management system. The sponsor agency believes that the business is reasonably necessary. There is no objection, and it still needs to be reviewed by the shareholders' meeting.