Core Viewpoint - The company, Sichuan Furong Technology Co., Ltd., is set to hold a half-year performance briefing on September 16, 2025, to discuss its 2025 half-year results and financial status with investors [2][3]. Group 1: Meeting Details - The performance briefing will take place on September 16, 2025, from 15:00 to 16:00 [2][3]. - The meeting will be conducted in an online interactive format via the Shanghai Stock Exchange Roadshow Center [2][3]. - Investors can access the live stream at the Shanghai Stock Exchange Roadshow Center website [2][3]. Group 2: Investor Participation - Investors can participate online during the meeting and will have the opportunity to ask questions [3]. - A pre-question submission period is available from September 9 to September 15, 2025, allowing investors to submit questions via the Roadshow Center or the company's email [3]. - The company will address commonly asked questions during the performance briefing [2][3]. Group 3: Attendees - The meeting will include the company's chairman, general manager, independent directors, financial director, board secretary, and other management personnel [2].

| | | 四川福蓉科技股份公司 关于召开 2025 年半年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 网 络 直 播 地 址 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） 投资者可于 2025 年 9 月 9 日至 9 月 15 日 16:00 前登录上证路演中心网 站首页点击"提问预征集"栏目或通过公司证券部邮箱（zhengquanbu@scfrkj.cn） 进行提问。公司将在业绩说明会上对投资者普遍关注的问题进行回答。 四川福蓉科技股份公司（以下简称"公司"）于 2025 年 8 月 27 日在上海证 券交易所网站（www.sse.com.cn）披露了公司 2025 年半年度报告。为了便于广 大投资者更全面深入地了解公司 2025 年半年度业绩和财务状况，公司拟于 2025 年 9 月 16 日 15:00-16:00 召开业绩说明会，就投资者普遍关心的问题进行交流 和沟通，同时听取投资者的 ...

Group 1 - The folding screen concept stocks experienced a significant rally on September 4, with notable increases in share prices [1] - Yian Technology saw a rise of over 16%, while Jingyan Technology, Lens Technology, and Green Precision each increased by over 5% [1] - Other companies such as Dongcai Technology, Furong Technology, Lian De Equipment, and Lingyi Technology also showed upward movement in their stock prices [1]

公司公告汇总 关于开展商品套期保值业务的可行性分析报告 福建省福蓉源再生资源开发有限公司拟开展铝锭期货套期保值业务，以规避原材料价格波动风险，锁定 成本和利润，保障经营稳定。交易品种为铝锭，投入资金（保证金）不超过480万元，资金来源为自有 资金，交易场所为上海期货交易所，业务授权期限至2025年12月31日。公司已制定相关管理制度，明确 禁止投机交易，仅限于与生产经营相匹配的套期保值操作。主要风险包括市场、操作、流动性、内部控 制和技术风险。风险控制措施包括合理匹配现货与期货持仓、严格资金管理、加强人员培训、完善信息 系统、建立汇报与内审机制等。该业务具有可行性和必要性。 关于全资子公司开展套期保值业务的公告 截至2025年9月2日收盘，福蓉科技(603327)报收于10.12元，下跌2.6%，换手率1.6%，成交量15.95万 手，成交额1.62亿元。 当日关注点 交易信息汇总 资金流向 9月2日主力资金净流出2132.77万元，占总成交额13.2%；游资资金净流入77.48万元，占总成交额 0.48%；散户资金净流入2055.28万元，占总成交额12.72%。 2025年9月2日 兴业证券关于福蓉科技取 ...

Core Viewpoint - The company aims to mitigate raw material price fluctuation risks through futures hedging, ensuring stable operations [2][4]. Group 1: Transaction Overview - The subsidiary, Fujian Furongyuan Recycling Resources Development Co., Ltd., plans to conduct aluminum futures hedging for the year 2025 [4][15]. - The trading instrument will be futures contracts, specifically for aluminum ingots, with a maximum margin amounting to RMB 4.8 million [3][5]. - The trading will take place on the Shanghai Futures Exchange [7]. Group 2: Approval Process - The board of directors approved the hedging proposal during meetings held on September 1, 2025, with unanimous votes in favor [10]. Group 3: Risk Analysis - The company acknowledges several risks associated with futures trading, including market risk, operational risk, liquidity risk, internal control risk, and technical risk [11][12]. Group 4: Risk Control Measures - The subsidiary will align hedging activities with its production needs, ensuring that futures contracts match the pricing periods of physical goods [13]. - Strict internal controls will be implemented to manage funds and ensure compliance with the approved margin limits [14]. - A reporting and internal audit mechanism will be established to oversee the hedging activities and ensure adherence to company policies [14]. Group 5: Impact on the Company - Engaging in commodity hedging will allow the company to leverage the price and risk hedging functions of the futures and options markets, thereby stabilizing production costs [15].

Core Viewpoint - The company aims to mitigate operational risks associated with aluminum ingot price fluctuations by engaging in futures hedging activities, which are deemed necessary for stabilizing its business operations [1][4]. Group 1: Necessity of Hedging Business - The company faces significant operational risks due to volatile aluminum ingot prices, which can greatly impact profitability [1]. - The proposed hedging strategy involves using futures contracts to lock in costs and profits, thereby ensuring stable operations [1]. Group 2: Overview of Hedging Business - The hedging will focus on aluminum ingots as the trading commodity [1]. - The maximum margin for trading is set at 4.8 million RMB, which will be used on a rolling basis throughout the hedging period [1]. - The trading will occur on the Shanghai Futures Exchange, utilizing entirely self-owned funds for margin [1]. - The authorization for this hedging business is valid until December 31, 2025 [1]. Group 3: Risk Analysis of Hedging Business - Market risk arises from asymmetric price movements between futures and spot markets, potentially leading to simultaneous losses [2]. - Operational risk may occur if trading procedures are not followed or if personnel lack sufficient understanding of derivatives [2]. - Liquidity risk could arise from insufficient market activity, making it difficult to execute trades [2]. - Internal control risks may stem from an inadequate internal control system [2]. - Technical risks could result from incomplete computer systems [2]. Group 4: Risk Control Measures - The company will align hedging activities with its production needs, ensuring that futures contracts match the timing of physical hedging requirements [3]. - Strict internal controls will be implemented to manage funds used for hedging, adhering to the approved margin limits [3]. - The company will monitor futures trading closely and select contracts with adequate liquidity [3]. - Professional personnel will be employed, and a robust reporting and internal audit mechanism will be established to manage risks effectively [3][4]. - Any trading plans exceeding board authorization must be reported for approval [4]. Group 5: Feasibility Analysis Conclusion - The company has established internal control systems and risk prevention measures, making the proposed aluminum ingot hedging business feasible and necessary [4]. - The hedging strategy is designed to prevent price fluctuation risks while adhering to hedging principles, thus enhancing profit stability and reducing adverse impacts on financial performance [4].

Core Viewpoint - The company aims to mitigate raw material price volatility risks and ensure operational stability through aluminum futures hedging activities [1][2]. Group 1: Transaction Overview - The transaction purpose is to effectively prevent or mitigate raw material price fluctuations, ensuring stable operations [1]. - The trading instrument involved is aluminum ingots, with a maximum margin amount set at RMB 4.8 million [2]. - The funding source for the transaction will be the company's own funds [2]. - The trading venue is the Shanghai Futures Exchange, and the trading period will commence upon approval of the hedging activities [2]. Group 2: Approval Process - The proposal for the hedging activities was approved unanimously by the board's audit committee and the board of directors [2]. Group 3: Risk Analysis - Market risk arises from potential asymmetric price movements between futures and spot markets, which could negate the hedging effect [3]. - Operational risk may occur if trading personnel do not follow established procedures or fully understand derivative information [3]. - Liquidity risk could arise from insufficient market activity, making it difficult to execute trades [3]. - Internal control risk is associated with the complexity of futures trading and potential inadequacies in the internal control system [3]. - Technical risk may stem from incomplete computer systems affecting trading operations [3]. Group 4: Risk Control Measures - The company will align hedging activities with its production needs, limiting futures trading to aluminum ingots [4]. - The company will manage its own funds prudently for hedging activities, adhering to the approved margin limits [4]. - The company will monitor futures trading closely and select appropriate contract months to avoid liquidity risks [4]. - Professional personnel will be employed, and strict authorization and segregation of duties will be established to enhance risk management [4]. - A reporting and internal audit mechanism will be established to oversee the hedging activities and ensure compliance with board authorizations [5]. Group 5: Impact on the Company - Engaging in commodity hedging activities will allow the company to utilize the price and risk hedging functions of the futures and options markets, thereby stabilizing production costs [5].

兴业证券股份有限公司 重要声明 本报告依据《公司债券发行与交易管理办法》《可转换公司债券管理办法》 （以下简称"《管理办法》"）《公司债券受托管理人执业行为准则》《四川福蓉科 技股份公司与兴业证券股份有限公司关于四川福蓉科技股份公司公开发行可转 换公司债券受托管理协议》（以下简称"《受托管理协议》"）《四川福蓉科技股份 公司向不特定对象发行可转换公司债券募集说明书》（以下简称"《可转债募集说 明书》"）等，由本期债券受托管理人兴业证券股份有限公司（以下简称"兴业证 券"）编制。兴业证券对本报告中所包含的从上述文件中引述内容和信息未进行 独立验证，也不就该等引述内容和信息的真实性、准确性和完整性做出任何保证 或承担任何责任。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相关 事宜做出独立判断，而不应将本报告中的任何内容据以作为兴业证券所作的承诺 或声明。在任何情况下，投资者依据本报告所进行的任何作为或不作为，兴业证 券不承担任何责任。 兴业证券作为四川福蓉科技股份公司（以下简称"福蓉科技"或"公司"） 向不特定对象发行可转换公司债券（以下简称"本次可转债"）的受托管理人， 持续密切关注对债券持 ...

福建省福蓉源再生资源开发有限公司 关于开展商品套期保值业务的可行性分析报告 一、开展商品套期保值业务的必要性 目前国内外经济形势复杂多变，市场竞争日益激烈，作为市场竞争主体的 企业面临着越来越大的经营风险。而期货市场套期保值功能是风险对冲和规避的 主要手段。 四川福蓉科技股份公司（以下简称"公司"）全资子公司福建省福蓉源再生 资源开发有限公司（以下简称"再生资源公司"）主要从事铝合金圆铸锭的生产 及销售业务，再生资源公司当前面临的主要经营风险是原材料铝锭的价格波动风 险，尤其是价格波动将极大的影响再生资源公司的盈利能力。为有效防范或规避 原材料价格波动风险，再生资源公司拟在公司的指导及监督下开展铝锭期货套期 保值业务，采用商品套期保值工具来尽可能锁定成本和利润，保障公司经营稳定。 二、商品套期保值业务概述 （一）交易品种：铝锭； （四）投入资金、资金来源：再生资源公司铝锭期货套期保值业务中投入 的资金（保证金）全部为自有资金； （五）业务授权期限：自再生资源公司拟开展的铝锭期货套期保值业务获 得批准之日起至 2025 年 12 月 31 日； （六）其他：须遵守福建省冶金（控股）有限责任公司关于开展铝期货套 ...

四川福蓉科技股份公司 关于全资子公司开展套期保值业务的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示: | 证券代码：603327 | 证券简称：福蓉科技 | 公告编号：2025-045 | | --- | --- | --- | | 转债代码：113672 | 转债简称：福蓉转债 | | ●交易目的：为有效防范或规避原材料价格波动风险，保障公司经营稳定。 ●交易场所：上海期货交易所 ●交易金额：投入资金（保证金）控制在人民币 480 万元以内；有效期内 任一时点的交易保证金金额不超过上述额度。上述额度在有效期内可滚动循环使 用。 ●已履行的审议程序：经 2025 年 9 月 1 日召开的第三届董事会审计委员会 第十三次会议、第三届董事会第二十六次会议审议通过。 ●特别风险提示：市场风险、操作风险、流动性风险、内部控制风险等。 一、交易情况概述 （一）交易目的 为有效防范或规避原材料价格波动风险，保障公司经营稳定，公司全资子公 司福建省福蓉源再生资源开发有限公司（以下简称"再生资源公司"）2025 年 ...