宏柏新材: 江西宏柏新材料股份有限公司期货和衍生品交易管理制度

Core Points - The document outlines the management system for futures and derivatives trading at Jiangxi Hongbai New Materials Co., Ltd, aiming to standardize trading behavior, prevent investment risks, and protect the interests of the company and its shareholders [1][2] - The company must adhere to principles of legality, prudence, safety, and effectiveness in its trading activities, ensuring a robust internal control system and risk management [1][2] - The company is prohibited from using raised funds for futures and derivatives trading, emphasizing the importance of focusing on its main business [2] Section Summaries General Principles - Futures trading refers to transactions involving futures contracts or standardized options, while derivatives trading includes swaps, forwards, and non-standardized options [1] - The company must analyze the feasibility and necessity of investments, establish strict decision-making procedures, and define specific requirements for authorization and information disclosure [1][2] Approval Authority - A feasibility analysis report must be prepared and submitted to the board of directors for review before engaging in futures and derivatives trading [4] - Certain trading scenarios require shareholder approval if they exceed specified thresholds related to net profit and net assets [4] Professional Management - The company will establish a leadership group responsible for organizing and overseeing futures and derivatives trading, ensuring compliance with approved plans [9] - Different departments are designated for managing trading operations, market analysis, and financial management, ensuring a structured approach to trading activities [6][12] Risk Control - Strict separation of duties is mandated to prevent conflicts of interest among trading, finance, and audit personnel [14] - The company must implement stop-loss limits and regularly assess market risks, reporting findings to the leadership group and board of directors [8] Information Disclosure - The company must disclose significant losses or gains related to futures and derivatives trading that meet specified thresholds [19] - Information regarding the purpose, types, and expected financial commitments of proposed trading activities must be disclosed to ensure transparency [20] Confidentiality - All personnel involved in trading must adhere to confidentiality protocols, preventing unauthorized disclosure of sensitive trading information [22][10] Miscellaneous - The management system will be revised as necessary to comply with relevant laws and regulations, and it will take effect upon approval by the board of directors [24][25]