Sichuan Furong Technology (SH:603327) Sou Hu Cai Jing·2025-09-02 19:37Core Viewpoint - Fujian Furong Technology Co., Ltd. plans to conduct aluminum futures hedging to mitigate raw material price volatility risks and ensure stable operations [1][2] Trading Information Summary - As of September 2, 2025, Furong Technology's stock closed at 10.12 yuan, down 2.6%, with a turnover rate of 1.6% and a trading volume of 159,500 shares, amounting to a transaction value of 162 million yuan [1] - On the same day, the main funds experienced a net outflow of 21.33 million yuan, accounting for 13.2% of the total transaction value, while retail investors saw a net inflow of 20.55 million yuan, representing 12.72% of the total [1] Company Announcement Summary - The wholly-owned subsidiary, Fujian Furongyuan Recycling Resources Development Co., Ltd., intends to engage in aluminum futures hedging with a maximum margin of 4.8 million yuan, funded by its own resources, and the trading venue will be the Shanghai Futures Exchange [2] - The hedging business is authorized until December 31, 2025, and the company has established management systems to prohibit speculative trading, focusing solely on hedging operations aligned with production [2] - The company has identified potential risks including market, operational, liquidity, internal control, and technical risks, and has implemented risk control measures such as matching spot and futures positions, strict fund management, personnel training, and enhancing information systems [1][2] Governance Changes - Furong Technology plans to abolish its supervisory board, transferring its powers to the audit committee of the board of directors, with relevant amendments to the company’s articles of association approved in recent meetings [3][4]