EGING PV(SH:600537) Zheng Quan Zhi Xing·2025-08-25 16:52Core Viewpoint - The document outlines the financial derivatives trading management system of Yijing Photovoltaic Technology Co., Ltd., aiming to standardize trading practices and mitigate associated risks [1][2]. Group 1: General Principles - The system applies to the company and its subsidiaries, requiring that subsidiaries do not engage in derivatives trading without company approval [2]. - Derivatives trading must adhere to principles of legality, prudence, safety, and effectiveness, complying with national laws and the established internal regulations [2][3]. Group 2: Trading Operations - The company does not engage in derivatives trading solely for speculation or arbitrage; all trades must be based on actual needs to hedge against price volatility [3]. - Trading is permitted only with financial institutions approved by the People's Bank of China and the financial regulatory authority [3]. - The company must maintain its own funds for derivatives trading and cannot use raised funds for such activities [3]. Group 3: Approval Authority - The board of directors or shareholders' meeting serves as the approval body for derivatives trading, requiring feasibility reports for transactions [4]. - Certain transactions exceeding specified thresholds must be approved by both the board and shareholders [4][5]. Group 4: Internal Management and Procedures - The finance department is responsible for managing derivatives trading, including drafting management plans and monitoring compliance [6]. - A structured internal process is established for trading operations, including risk assessment and transaction documentation [6][7]. Group 5: Information Disclosure and Accountability - The company must disclose information regarding derivatives trading in accordance with regulations from the China Securities Regulatory Commission and the Shanghai Stock Exchange [7]. - Violations of laws or internal regulations related to derivatives trading will result in serious consequences for responsible personnel [8].