大连重工: 外汇套期保值业务管理制度（2025年6月）

Core Points - The article outlines the foreign exchange hedging management system of Dalian Huari Heavy Industry Group Co., Ltd, aimed at regulating foreign exchange operations and mitigating risks from currency fluctuations [1][2] - The system emphasizes that foreign exchange hedging activities must be based on actual business operations and should not be speculative in nature [2][3] Summary by Sections General Principles - The foreign exchange hedging activities must align with the company's actual business needs and should not disrupt normal operations [2] - The hedging activities are limited to transactions with approved financial institutions and must be based on the company's foreign exchange cash flow forecasts [2][3] Approval Authority - The approval for foreign exchange hedging limits is determined by the company's board of directors or shareholders [3][4] - Any significant transactions, such as those exceeding 50% of the latest audited net profit or 5 million RMB, require board and shareholder approval [4][5] Management and Internal Processes - The chairman of the board is responsible for the operation and management of foreign exchange activities, including approving transaction plans [6][7] - The finance management department handles the execution of hedging transactions and must report any significant risks to the board [6][7] Information Isolation Measures - All personnel involved in foreign exchange hedging must adhere to confidentiality protocols to protect sensitive information [8] - The operations must be segregated to prevent any single individual from managing the entire process [8] Internal Risk Management - The finance management department must conduct timely settlements with financial institutions based on agreed terms [9][10] - In cases of significant risk or abnormal situations, both the finance management and operational units must issue alerts and develop response plans [9][10] Information Disclosure and Record Management - The company is required to disclose information regarding foreign exchange hedging activities in accordance with regulatory requirements after board approval [10][11] - Documentation related to hedging transactions must be archived as part of the accounting records [11]