汇鸿集团: 关于公司子公司开展套期保值业务暨关联交易的公告

Core Viewpoint - The company aims to conduct hedging activities through its subsidiaries to mitigate the adverse effects of price fluctuations on its operations and enhance risk resilience [1][3]. Summary by Sections Transaction Purpose - The subsidiaries of the company plan to engage in hedging activities to reduce losses from unfavorable price changes and maintain stable operations [1][3]. Transaction Amount - The maximum amount of margin and premiums to be utilized for the hedging activities will not exceed 4.0% of the company's most recent audited net assets attributable to shareholders [1][3]. Transaction Types and Locations - The hedging activities will involve futures contracts related to the company's operations, including but not limited to logs, pulp, and various non-ferrous metals, conducted on legal exchanges such as the Shanghai Futures Exchange and Dalian Commodity Exchange [2][5]. Related Party Transactions - The transaction constitutes a related party transaction as it involves 弘业期货, a company controlled by the company's major shareholder, 苏豪控股集团 [2][6]. Approval Procedures - The transaction has been reviewed and approved by various committees and boards within the company, including the audit, compliance, and risk control committee, and will be submitted for approval at the upcoming shareholders' meeting [3][6][7]. Financial Health of Related Party - 弘业期货 has demonstrated strong financial health, with total assets of approximately 1,169.94 million and net assets of about 187.68 million as of December 31, 2024 [8][9]. Impact on Company - The hedging activities are expected to enhance the company's risk management capabilities without affecting its normal business operations or harming the interests of shareholders, particularly minority shareholders [10][14]. Accounting Treatment - The company will follow relevant accounting standards for financial instruments and hedging activities to ensure proper financial reporting [14].