晶科能源拟大幅提升期货套期保值额度 保证金上限增至15亿元 最高合约价值103亿元

Core Viewpoint - JinkoSolar plans to increase its futures hedging margin from 660 million yuan to 1.5 billion yuan to mitigate raw material price volatility risks, with a maximum contract value of 10.3 billion yuan per trading day [1][2] Group 1: Futures Hedging Adjustment - The adjustment of the futures hedging margin is based on the company's operational needs and aims to enhance financial stability and risk resistance [1][2] - The previous margin limit was set at 660 million yuan, approved in December 2024 for the 2025 hedging plan [1] - The increased margin will be used solely for hedging purposes related to core raw materials such as copper, aluminum, silver, tin, and polysilicon [1][2] Group 2: Risk Management and Compliance - The company emphasizes that the hedging activities will focus on risk mitigation and will not involve speculative trading [1][2] - Funding for the hedging activities will come from the company's own funds, and the margin will be available for rolling use until the 2025 annual shareholders' meeting [1][2] - The company has established multiple risk control measures, including revising the futures hedging management system and ensuring compliance through regular audits [2]