盈峰环境科技集团股份有限公司

Group 1 - The company plans to conduct forward foreign exchange settlement and other foreign exchange derivative transactions to mitigate foreign exchange market risks and enhance financial stability, utilizing up to $15 million of idle funds [3][8][12] - The board of directors and supervisory board approved the proposal on October 28, 2025, and it does not involve related party transactions [3][11] - The transactions will include various products such as forward foreign exchange settlements, foreign exchange options, and currency swaps, with a maximum contract value of $15 million at any given time [3][7][8] Group 2 - The company aims to use the foreign exchange derivatives for hedging purposes, not for speculation, and will follow legal and prudent principles [4][12] - The funding for these transactions will come from the company's own idle funds, and the transactions are authorized for a period of 12 months from the board's approval [10][9] - The company will monitor international market conditions and adjust strategies to minimize foreign exchange losses [15] Group 3 - The company has also announced an increase in its asset pool business credit limit from 2 billion RMB to 3.5 billion RMB, allowing for more flexible financing options [19][23] - The asset pool business will enable the company to manage and utilize its financial assets more effectively, improving liquidity and financial structure [25][29] - The company has established various risk control measures to manage liquidity and operational risks associated with the asset pool business [26][27] Group 4 - The company has reported a total of 182.98 million RMB in asset impairment provisions for the first three quarters of 2025, reflecting a cautious approach to asset valuation [65][66] - The impairment provisions are based on expected credit losses and are in line with accounting standards to ensure accurate financial reporting [67][70] - This provision will reduce the company's pre-tax profit for the third quarter of 2025 by the same amount, emphasizing the importance of prudent financial management [69][70]