Core Viewpoint - Beijing Hekang New Energy Technology Co., Ltd. plans to increase its foreign exchange hedging business limit to mitigate risks associated with foreign currency fluctuations as its overseas business expands [1][2]. Group 1: Business Expansion and Hedging Strategy - The company has approved a new limit for foreign exchange hedging business, increasing it from RMB 200 million to RMB 500 million or equivalent foreign currency [1]. - The decision was made during the 23rd meeting of the sixth board of directors and the 11th meeting of the sixth supervisory board, reflecting the need for enhanced risk management due to changing external conditions [1][2]. - The hedging business will include various financial instruments such as forward foreign exchange contracts, foreign exchange swaps, foreign exchange options, interest rate swaps, and other foreign exchange derivatives [2]. Group 2: Risk Management Measures - The company emphasizes that its hedging activities will be closely aligned with its core business operations, ensuring that the currency, scale, direction, and duration of transactions are appropriately matched [2]. - A series of measures will be implemented to manage risks, including strengthening research and analysis of exchange rates and adjusting business strategies as needed [2]. - The finance department will oversee the hedging activities, ensuring that they are based on normal operational needs and avoiding speculative trading [2].
合康新能拟增加外汇套期保值业务额度至5亿元