伟创电气: 外汇套期保值业务管理制度

Core Viewpoint - The company has established a comprehensive framework for foreign exchange hedging activities to manage and mitigate foreign currency exchange risks, ensuring compliance with relevant laws and regulations [1][9]. Group 1: General Provisions - The foreign exchange hedging activities are defined as transactions aimed at managing specific risks such as foreign exchange, price, interest rate, and credit risks [1]. - The hedging policy applies to the company and its subsidiaries, ensuring that all hedging activities are aligned with the company's operational needs [1][2]. - The company must adhere to national laws and its internal regulations when conducting foreign exchange hedging activities [1][4]. Group 2: Principles of Foreign Exchange Hedging - The company is limited to engaging in hedging activities that are directly related to its production and operational needs, ensuring that the types, scale, and duration of hedging instruments match the risks being managed [3][4]. - Hedging activities must be based on the company's foreign exchange income and expenditure budget, and the amounts involved should not exceed the budgeted figures [3][4]. Group 3: Approval Authority for Hedging Activities - The company's board of directors and shareholders' meeting are the approval bodies for foreign exchange hedging activities, with strict protocols for reporting and approval [5][6]. - Any hedging activity that exceeds certain financial thresholds must be reviewed and approved by the board and, if necessary, the shareholders [5]. Group 4: Management and Internal Procedures - The finance department is responsible for the execution and management of foreign exchange hedging activities, ensuring compliance with internal controls and risk management procedures [6][7]. - A structured internal process is in place for analyzing exchange rate trends, forecasting foreign currency payments, and managing the execution of hedging transactions [6][7]. Group 5: Information Disclosure and Record Management - The company is required to disclose information regarding its foreign exchange hedging activities in accordance with regulatory requirements, particularly when significant risks or losses occur [8]. - All documentation related to hedging activities must be maintained for a period of ten years, ensuring proper record-keeping and compliance with auditing standards [8].