According to Huaxin Materials's announcement, the company's subsidiaries plan to carry out foreign exchange derivatives transactions for hedging purposes around daily operations. The transaction types include products or combinations such as forward settlement, foreign exchange swaps, foreign exchange options, etc., with a cumulative total amount not exceeding 75 million US dollars. The maximum contract value held on any trading day is expected to be no more than 15 million US dollars. The funding source is own capital. The transaction period is 12 months from the date of review and approval by the board of directors, and the duration of a single transaction shall not exceed 1 year. The matter has been reviewed and approved by the 28th meeting of the 11th board of directors of the company, and there is no need to submit it to the shareholders' meeting for consideration. The development of this business faces risks such as exchange rate fluctuations and liquidity. Investors are kindly requested to pay attention to investment risks.

Zhitongcaijing · 2d ago
According to Huaxin Materials's announcement, the company's subsidiaries plan to carry out foreign exchange derivatives transactions for hedging purposes around daily operations. The transaction types include products or combinations such as forward settlement, foreign exchange swaps, foreign exchange options, etc., with a cumulative total amount not exceeding 75 million US dollars. The maximum contract value held on any trading day is expected to be no more than 15 million US dollars. The funding source is own capital. The transaction period is 12 months from the date of review and approval by the board of directors, and the duration of a single transaction shall not exceed 1 year. The matter has been reviewed and approved by the 28th meeting of the 11th board of directors of the company, and there is no need to submit it to the shareholders' meeting for consideration. The development of this business faces risks such as exchange rate fluctuations and liquidity. Investors are kindly requested to pay attention to investment risks.