Group 1 - The company aims to conduct commodity futures hedging to mitigate the impact of raw material price fluctuations on production costs and ensure stable business performance [2][4] - The maximum amount for the hedging business is set at RMB 40 million, which can be reused within the effective period [5][8] - The hedging will focus on futures related to copper and plastic, utilizing various trading tools including futures and options contracts [6][8] Group 2 - The hedging business is approved by the company's board and does not require shareholder meeting approval [4][13] - The funding for the hedging activities will come from the company's own funds, without involving raised capital [9][11] - The hedging period is set for 12 months from the board's approval date, with the possibility of extending if individual transactions exceed the authorized period [8][10] Group 3 - The company has established risk control measures, including compliance with laws and regulations, and has developed a management approach for the hedging business [10][14] - The company will regularly monitor market conditions and adjust hedging strategies accordingly to minimize risks [10][14] - The company has outlined potential risks associated with the hedging activities, including market, policy, liquidity, internal control, and technical risks [9][10]
浙江宏昌电器科技股份有限公司 关于开展商品期货套期保值业务的公告