章源钨业: 金融衍生品交易业务管理制度

General Principles - The company establishes a system to regulate financial derivatives trading and mitigate associated risks, in accordance with relevant laws and regulations [1] - Financial derivatives trading includes activities involving swap contracts, forward contracts, and non-standard options, with underlying assets being securities, indices, interest rates, exchange rates, currencies, commodities, or combinations thereof [1] Operational Principles - The company strictly controls the types and scale of financial derivatives trading, focusing on hedging and risk avoidance rather than profit-making [2] - Transactions are only permitted with qualified financial institutions approved by regulatory authorities, and the company must use its own funds for these activities [2] Approval Authority - Financial derivatives trading requires a feasibility analysis report to be submitted to the board for approval, with certain conditions necessitating shareholder approval [3] - The board or shareholders must approve the trading limits, and the general manager is authorized to manage and operate the derivatives business [3] Management and Internal Processes - The finance department is responsible for planning, funding, operations, accounting, and daily management of derivatives trading [4] - The audit and supervision department evaluates risks and compliance of trading activities, while the board office ensures legal compliance and information disclosure [4] Risk Management - The company must establish a robust risk management mechanism to prevent and address various risks associated with derivatives trading [6] - In case of significant risks, the finance department must report to the financial director and board secretary, who will discuss countermeasures [6] Information Disclosure - The company must disclose trading activities according to regulatory requirements, especially when losses exceed certain thresholds [7] - Documentation related to trading plans and agreements must be maintained for ten years by the finance department [7] Miscellaneous - The system will be revised in accordance with any new laws or regulations that conflict with it, and it will take effect upon board approval [8]