盛泰集团: 盛泰智造集团股份有限公司关于开展金融衍生品交易业务的公告

Core Viewpoint - The company aims to engage in financial derivatives trading to effectively hedge against risks from exchange rate fluctuations, thereby enhancing financial stability and reducing operational impacts [1][2][4]. Summary by Sections 1. Overview of Trading Situation - The company, primarily engaged in the production and sale of textile fabrics and garments, seeks to mitigate risks from exchange rate fluctuations and enhance financial stability through financial derivatives trading [2][4]. - The types of financial derivatives to be traded include futures, options, forwards, and swaps, with underlying assets comprising interest rates, exchange rates, currencies, and commodities [2][3]. 2. Trading Limits, Duration, and Authorization - The maximum contract value to be held on any trading day will not exceed RMB 200 million (or equivalent foreign currency), with a validity period of 12 months from the board's approval [3][4]. - The company’s management is authorized to execute financial derivatives trading within the approved limits, ensuring efficient operations [4]. 3. Funding Sources - The funds for engaging in financial derivatives trading will come from the company's own resources, without involving raised funds [3][4]. 4. Risk Analysis and Control Measures - The company will adhere to principles of legality, prudence, safety, and effectiveness in its trading activities, avoiding purely profit-driven transactions [2][5]. - Risk control measures include clear division of responsibilities, ongoing monitoring of market prices, and strict adherence to internal procedures to mitigate operational risks [5][6]. 5. Impact on the Company and Accounting Treatment - The financial derivatives trading is designed to effectively hedge against exchange rate risks, thereby reducing operational impacts and enhancing financial stability without harming the interests of the company and its shareholders [5][6].