海大集团: 外汇套期保值业务管理制度

Core Viewpoint - The company has established a comprehensive system for managing foreign exchange hedging activities to mitigate investment risks and ensure asset safety, in compliance with relevant laws and regulations [1][2][3]. Group 1: General Provisions - The foreign exchange hedging business is defined as activities aimed at mitigating exchange rate or interest rate risks through various financial instruments such as forwards, swaps, and options [1][2]. - The system applies to the company and its subsidiaries, which cannot engage in foreign exchange hedging without the company's consent [2][3]. Group 2: Operational Principles - The company adheres to principles of legality, prudence, safety, and effectiveness in its foreign exchange hedging activities, which must be based on actual business needs [3][4]. - Transactions are only permitted with qualified domestic financial institutions, prohibiting dealings with unauthorized entities [3][4]. Group 3: Approval Authority - All foreign exchange hedging activities require approval from the company's president or a designated vice president, with specific thresholds for shareholder meeting review [4][5]. - The approval process includes limits based on the company's audited net profit and net assets [5][6]. Group 4: Internal Operating Procedures - The board of directors serves as the decision-making body for foreign exchange hedging, while the president's office manages daily operations [6][7]. - A dedicated management team is responsible for assessing foreign exchange exposure and planning hedging strategies [6][7]. Group 5: Information Isolation Measures - All personnel involved in foreign exchange hedging must adhere to confidentiality protocols to protect sensitive information [7][8]. Group 6: Internal Risk Management - The company is required to implement a robust risk management framework to identify and mitigate various risks associated with foreign exchange hedging [8]. - Financial centers must conduct timely settlements and analyses in response to significant market fluctuations [8]. Group 7: Information Disclosure and Archive Management - The company must disclose information regarding its foreign exchange hedging activities in accordance with regulatory requirements, particularly in cases of significant risks or losses [8]. - Documentation related to hedging activities must be maintained for a minimum of ten years [8].