Drinda(SZ:002865) Shang Hai Zheng Quan Bao·2025-09-29 20:42Core Viewpoint - The company, Hainan Junda New Energy Technology Co., Ltd., has approved a foreign exchange hedging business plan to mitigate exchange rate risks, with a maximum limit of RMB 1.9 billion or equivalent in other currencies, valid for 12 months [2][9][11]. Group 1: Board Meeting Details - The fifth board meeting was held on September 28, 2025, with all 10 directors participating, and the meeting complied with relevant laws and regulations [2][4]. - The board approved the proposal for foreign exchange hedging to safeguard against exchange rate fluctuations affecting the company's operations [2][10]. Group 2: Foreign Exchange Hedging Business Overview - The purpose of the hedging business is to effectively avoid and prevent foreign exchange risks, enhancing financial stability without engaging in speculative trading [9][10]. - The hedging activities will include various types of transactions such as forward foreign exchange contracts, swaps, and options, among others [11][12]. - The total amount for the hedging business is capped at RMB 1.9 billion, which can be rolled over within the 12-month period [11][12]. Group 3: Risk Management Measures - The company has established a management system for foreign exchange hedging, outlining trading principles, approval authority, and risk control measures [19][20]. - To mitigate risks, the company will conduct thorough research on exchange rates and adjust strategies based on market conditions [19][20]. - The company will ensure that all foreign exchange transactions are based on actual operational needs and will not engage in speculative activities [19][20].