Sou Hu Cai Jing·2025-05-24 07:16Core Points - Lutai Textile Co., Ltd. plans to engage in derivative trading to mitigate risks associated with exchange rate and interest rate fluctuations [1] - The total amount for the derivative trading business is capped at 72.356 million USD, with a trading period from July 1, 2025, to June 30, 2026 [1] - The company aims to enhance financial stability and reduce operational risks through this initiative [1] Company Overview - As of May 23, 2025, Lutai A shares closed at 6.29 CNY, down 1.41% from the previous week [1] - The company has a total market capitalization of 5.141 billion CNY, ranking 8th in the textile manufacturing sector and 2779th among all A-shares [1] - The highest intraday price recorded during the week was 6.46 CNY, while the lowest was 6.29 CNY [1] Derivative Trading Details - The derivative trading will utilize financial instruments such as forwards, futures, swaps, and options [1] - The trading will be conducted with qualified financial institutions, using the company's own funds [1] - The company has established a management system for securities investment and derivative trading, including risk control measures and professional personnel [1]