超达装备: 华泰联合证券有限责任公司关于南通超达装备股份有限公司开展金融衍生品交易业务的核查意见

Core Viewpoint - The company intends to conduct financial derivatives trading to mitigate foreign exchange risks and reduce financial costs, aligning with its operational needs and not engaging in speculative activities [2][3][7] Group 1: Basic Situation of Financial Derivatives Trading - The company primarily engages in the research, production, and sales of molds, automotive fixtures, automation tools, and components, with significant export business settled in USD or EUR [2] - In response to unstable foreign exchange environments, the company plans to conduct financial derivatives trading to enhance its ability to manage foreign exchange risks and minimize adverse impacts on its operating performance [2][3] Group 2: Trading Limits and Management - The proposed trading limit for financial derivatives is set at a maximum of RMB 300 million (or equivalent foreign currency), valid for 12 months from the board's approval [3][6] - The board has authorized the chairman to manage the trading operations and sign relevant agreements, ensuring that the trading activities are conducted with reputable financial institutions [3][6] Group 3: Risk Analysis and Control Measures - The company emphasizes that its derivatives trading will focus on hedging against foreign exchange risks and will not involve speculative trading [4][5] - A comprehensive risk management framework has been established, including clear procedures for decision-making, authorization, and risk assessment, to ensure effective control over derivatives trading [4][5] Group 4: Impact of Financial Derivatives Trading - The financial derivatives trading is expected to effectively mitigate foreign exchange market risks, reduce financial costs, and enhance foreign exchange gains without negatively impacting the company's financial and operational status [5][6][7] - The company will adhere to relevant accounting standards for the recognition and measurement of financial instruments related to the derivatives trading [5] Group 5: Approval Procedures and Opinions - The board and supervisory committee have approved the proposal for financial derivatives trading, confirming that it aligns with regulatory requirements and serves the interests of the company and its shareholders [6][7] - Independent directors have also supported the proposal, emphasizing that the trading activities will not harm the interests of the company or minority shareholders [6][7]