Group 1 - The core point of the article is that as of January 9, 2026, the number of shareholders for QuanFeng Automotive is reported to be 29,266 [2]

Core Viewpoint - The overall trend of the RMB appreciating against the USD has continued since the beginning of the year, prompting companies to consider engaging in financial derivatives trading to hedge against exchange rate and interest rate fluctuations [1][4]. Group 1: Company Actions - Oppein Home, a large home furnishing company, announced plans to engage in financial derivatives trading to mitigate risks from exchange rate and interest rate fluctuations, emphasizing that this is not for speculative purposes [2][3]. - The company plans to conduct financial derivatives transactions with a total amount not exceeding 3 billion RMB (including equivalent foreign currency) for the year 2026 [2]. - The types of financial derivatives to be traded include but are not limited to financial forwards, swaps, options, and other related products, with counterparties being reputable domestic and international financial institutions [2][3]. Group 2: Industry Context - Xuanfeng Automotive also announced plans to engage in financial derivatives trading, with a maximum contract value of 400 million RMB on any trading day in 2026, focusing on foreign exchange forwards and swaps [2][3]. - The overall trend of the RMB has been strong, with a 4.24% depreciation of the USD against the onshore RMB throughout 2025, leading to a significant appreciation of the RMB [4]. - Factors supporting the RMB's strength include a weaker USD and expectations of achieving around 5% economic growth in China for 2025, although uncertainties remain regarding future USD performance and external economic conditions [4][5].

Core Viewpoint - As of December 31, 2025, the number of shareholders for QuanFeng Automotive (603982) is projected to be 29,862 [1] Company Summary - QuanFeng Automotive has engaged with investors through an interactive platform, providing insights into its shareholder count [1] - The company is focused on maintaining transparency and communication with its investors [1]

Group 1 - The company plans to conduct financial derivative transactions in 2026 to effectively hedge against exchange rate risks, with a maximum contract value of RMB 400 million and a maximum margin and premium of RMB 40 million [6][10] - The board of directors approved the proposal for the financial derivative trading limit on December 30, 2025, and it does not require shareholder approval [2][10] - The company will use its own or self-raised funds for these transactions and will not use raised funds directly or indirectly [8] Group 2 - The financial derivative trading aims to mitigate the adverse effects of exchange rate fluctuations on the company's international operations, ensuring financial safety and core business profitability [4][14] - The company will adhere to principles such as maintaining exchange rate risk neutrality and basing hedging on actual business needs [5] - The trading will include instruments like foreign exchange forwards, swaps, and interest rate swaps, conducted only with qualified financial institutions [8] Group 3 - The company has established a risk control framework for derivative trading, including clear objectives, internal control systems, and careful selection of trading partners [12][11] - The company will monitor market factors related to the contracts and report regularly to management [13] - The board has authorized management to implement the derivative trading within the approved limits and duration [10] Group 4 - The company is also planning to apply for a comprehensive credit limit of up to RMB 7.5 billion and EUR 80 million for 2026 to support its operational goals [39] - The credit will be used for various financing needs, including short-term loans and bank guarantees, and will be available for use within the specified period [39][40] - The board has authorized management to sign relevant legal documents within the approved credit limits [40] Group 5 - The company is focusing on enhancing its core automotive parts business, particularly in the electric vehicle sector, with significant revenue growth from related components [31] - The company emphasizes investor communication and transparency, ensuring timely disclosure of important information and engaging with investors through various channels [32][33] - The company is committed to improving corporate governance and compliance, having revised its governance documents and established new management systems [34][35]

Core Viewpoint - QuanFeng Automotive announced the approval of several proposals, including the expected daily related transactions for the year 2026, during the second meeting of its fourth board of directors [2] Group 1 - The board meeting focused on the approval of the expected daily related transactions for 2026 [2] - Multiple proposals were reviewed and passed during the meeting [2]

Core Viewpoint - The company, QuanFeng Automotive, has announced a special action plan titled "Quality Improvement and Efficiency Enhancement to Return Value" aimed at strengthening its core automotive parts business and enhancing overall governance and investor communication [2] Group 1: Strategic Focus - The company will focus on its core automotive parts business to enhance competitiveness [2] - There is an emphasis on improving communication with investors to convey the company's value [2] Group 2: Governance and Responsibility - The company aims to standardize operations to improve governance levels [2] - There is a commitment to strengthen the responsibility of the "key minority" to support the company's development [2]

Group 1 - The core point of the article is that QuanFeng Automotive (603982.SH) plans to increase its capital in its wholly-owned subsidiary, QuanFeng Anhui, through a debt-to-equity swap amounting to 400 million RMB [1] - The registered capital of QuanFeng Anhui will increase from 739.53 million RMB to 1.13953 billion RMB [1]

中国国际金融股份有限公司 关于南京泉峰汽车精密技术股份有限公司 2026 年度日常关联交易预计的核查意见 中国国际金融股份有限公司（以下简称"保荐机构"）作为南京泉峰汽车精密技术股 份有限公司（以下简称"泉峰汽车"或"公司"）向特定对象发行股票项目的保荐机构，根 据《证券发行上市保荐业务管理办法》《上海证券交易所股票上市规则》《上海证券交易 所上市公司自律监管指引第 11 号——持续督导》等相关法律、法规和规范性文件的规 定，对公司 2026 年度日常关联交易预计的核查意见进行了核查，具体情况如下： 一、日常关联交易基本情况 （一）日常关联交易履行的审议程序 1、公司于2025年12月30日召开第四届董事会第二次会议，审议通过了《关于2026 年度日常关联交易预计的议案》，关联董事潘龙泉先生、柯祖谦先生回避表决，出席会 议的非关联董事一致同意该议案，该议案以5票同意、2票回避、0票反对、0票弃权的表 决结果审议通过。 2、在提交公司董事会审议前，公司召开第四届董事会独立董事专门会议第一次会 议对该议案进行审议，认为：公司对2026年度与关联方南京泉峰科技有限公司（简称"泉 峰科技"）、泉峰（中国）工具销售有限 ...

一、交易情况概述 （一）交易目的 为有效规避汇率风险，减少汇率波动对公司跨国经营活动产生不利影响，在遵守国 家政策法规的前提下，以正常生产经营为基础，以具体经营业务为依托，以套期保值为 目的，公司运用合适的金融衍生工具管理汇率波动导致的利润波动风险，以保障财务安 全性和核心业务盈利能力、增强公司的市场竞争力。公司开展金融衍生品交易业务以规 避和防范汇率风险为目的，不进行单纯以盈利为目的的投机和套利交易。 中国国际金融股份有限公司 关于南京泉峰汽车精密技术股份有限公司 开展金融衍生品交易业务的核查意见 中国国际金融股份有限公司（以下简称"保荐机构"）作为南京泉峰汽车精密技术股 份有限公司（以下简称"泉峰汽车"或"公司"）向特定对象发行股票项目的保荐机构，根 据《证券发行上市保荐业务管理办法》《上海证券交易所股票上市规则》《上海证券交易 所上市公司自律监管指引第 11 号——持续督导》等相关法律、法规和规范性文件的规 定，对公司开展金融衍生品交易业务进行了核查，具体情况如下： 衍生品交易业务的具体管理原则如下： 1、秉持汇率风险中性原则，尽可能降低汇率波动对主营业务以及企业财务的负面 影响； 1 （二）交易金额 ...

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法律责任。 重要内容提示： 证券代码：603982 证券简称：泉峰汽车 公告编号：2025-104 南京泉峰汽车精密技术股份有限公司 关于预计 2026 年度金融衍生品交易额度的公告 交易主要情况 | 交易目的 | □获取投资收益 | | | --- | --- | --- | | | ☑套期保值（合约类别：□商品；☑外汇；□其他：________） □其他：________ | | | 交易品种 | 外汇远期、外汇掉期、利率掉期等 | | | 交易金额 | 预计动用的交易保证金和权利金 上限（单位：万元） | 4,000 | | | 预计任一交易日持有的最高合约 价值（单位：万元） | 40,000 | | 资金来源 ☑自有资金 | ☑借贷资金 □其他：___ | | | 交易期限 | 自董事会审议通过之日起12个月内 | | 已履行及拟履行的审议程序 2025 年 12 月 30 日，南京泉峰汽车精密技术股份有限公司（以下简称"公 司"）第四届董事会第二次会议审议通过了《关于预计 202 ...