利通电子: 603629：利通电子关于增加套期保值业务品种的公告

Core Viewpoint - Jiangsu Litong Electronics Co., Ltd. plans to expand its hedging business to mitigate the adverse effects of raw material price and exchange rate fluctuations on its operations [1][7] Group 1: Hedging Business Expansion - The company and its subsidiaries intend to add hedging products limited to those related to production and operation, including raw materials and foreign exchange [1][4] - The maximum margin required for futures and options hedging will not exceed RMB 10 million, and for foreign exchange hedging, it will not exceed USD 5 million or its equivalent in RMB [1][5] - This proposal requires approval from the company's shareholders' meeting [1] Group 2: Previous Hedging Performance - The company previously conducted futures hedging to reduce the impact of commodity price fluctuations, with a margin usage of RMB 2.0579 million and a total trading loss of RMB 1.08565 million, accounting for -4.41% of the audited net profit for 2024 [2][3] Group 3: New Hedging Products Overview - The company plans to include options in its hedging strategy, focusing on raw materials such as hot-rolled steel, rebar, and copper [2][4] - The hedging activities will be based on the company's production needs and will adhere to strict risk management protocols [4][6] Group 4: Foreign Exchange Hedging - The company aims to conduct foreign exchange hedging to mitigate the impact of exchange rate fluctuations on profits, utilizing simple foreign exchange forward products [5][6] - The same margin limits apply to foreign exchange hedging, with funds sourced from the company's own capital [5][6] Group 5: Risk Management and Control Measures - The company acknowledges the risks associated with hedging, including market, operational, and credit risks, and will implement robust risk control measures [6][8] - Continuous monitoring of market conditions and adjustments to strategies will be employed to enhance hedging effectiveness [6][7] Group 6: Accounting Treatment - The company will follow relevant accounting standards for the fair value measurement of hedging transactions, ensuring transparency and compliance [8]