Core Viewpoint - The company, Shenzhen Ugreen Technology Co., Ltd., is planning to conduct foreign exchange hedging activities to mitigate risks associated with currency fluctuations due to its expanding overseas business [1][6]. Group 1: Purpose of Foreign Exchange Hedging - The primary objective of the foreign exchange hedging business is to effectively avoid foreign exchange market risks and enhance the company's ability to respond to currency fluctuations, thereby protecting the interests of the company and its shareholders [1][2]. Group 2: Basic Information on Foreign Exchange Hedging - The total amount for the foreign exchange hedging activities is not to exceed 190 million RMB (or equivalent foreign currency) [1][2]. - The hedging will involve various currencies, including but not limited to USD and EUR, and will utilize methods such as forward foreign exchange contracts and currency swaps [2]. - The authorization period for this hedging activity is valid for 12 months from the date of board approval, with the possibility of rolling over funds within the approved limits [2][3]. - The funding for these activities will come from the company's own funds, without involving raised funds or bank credit [2]. Group 3: Risk Analysis - The company acknowledges potential risks associated with foreign exchange hedging, including exchange rate volatility, internal control risks, and counterparty default risks [3][4]. - The company will not engage in speculative trading and will base all hedging activities on normal business operations [4]. Group 4: Risk Control Measures - The company will enhance its research and analysis of exchange rates and adjust its operational strategies accordingly [4]. - A financial derivatives trading management system has been established to regulate hedging operations and ensure compliance with internal procedures [4]. - The finance department will manage all foreign exchange hedging activities, ensuring they are grounded in actual business needs [4]. - The audit department will conduct regular reviews of the hedging operations and report findings to the board's audit committee [4]. Group 5: Accounting Policies - The company will follow relevant accounting standards for financial instruments and hedge accounting to process the foreign exchange hedging activities [5]. Group 6: Review Procedures and Opinions - The board of directors and the supervisory board have both approved the foreign exchange hedging activities, confirming their alignment with the company's operational needs and shareholder interests [6].
绿联科技: 华泰联合证券有限责任公司关于深圳市绿联科技股份有限公司开展外汇套期保值的核查意见