YUSSEN GROUP(SZ:002986) Sou Hu Cai Jing·2025-10-20 18:54Core Viewpoint - Guangdong Yuxin New Energy Technology Co., Ltd. is actively revising its corporate governance structure and planning to implement foreign exchange hedging strategies to mitigate currency risk, with significant decisions pending shareholder approval [1][5][6] Trading Information Summary - As of October 20, 2025, Yuxin shares closed at 10.98 yuan, up 1.2%, with a turnover rate of 0.55% and a trading volume of 16,500 shares, amounting to 18.055 million yuan [1] - On the same day, the net outflow of funds from major investors was 1.5916 million yuan, while retail investors saw a net inflow of 3.6838 million yuan [1][3] Company Announcement Summary - The fourth board meeting on October 20, 2025, approved several resolutions, including amendments to the company's articles of association and governance systems, and the proposal to conduct foreign exchange hedging business [1][2] - The company plans to hold its third extraordinary general meeting of shareholders on November 6, 2025, to vote on the proposed amendments and other governance matters [2] - The proposed foreign exchange hedging business is capped at 3 billion yuan or equivalent foreign currency, aimed at managing exchange rate fluctuations [3][5][6] Governance Structure Changes - The board of directors will increase from 7 to 9 members, adding one employee representative director and one non-independent director, with the latter to be elected at the upcoming shareholder meeting [3][4] - Amendments to the articles of association include changing "shareholders' meeting" to "shareholders' assembly" and transferring the supervisory functions from the supervisory board to the audit committee of the board [2][3]