HONTRON(SZ:002379) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-12 00:45Group 1 - The company held its sixth temporary board meeting on November 11, 2025, with all seven directors present, and the meeting complied with relevant laws and regulations [2][4]. - The board approved the amendment of the company's articles of association, which requires further approval from the shareholders' meeting [5][6]. - The board also approved the proposal for the company and its subsidiaries to engage in commodity derivatives business, with a maximum investment of CNY 70 million and a maximum contract value of CNY 500 million [27][29]. Group 2 - The company plans to conduct foreign exchange hedging business, primarily using USD for export transactions, with a maximum holding amount of CNY 80 million or equivalent foreign currency [44][45]. - The board's decision on the foreign exchange hedging business also requires approval from the shareholders' meeting [48]. - The company aims to mitigate exchange rate risks through this hedging strategy, which is essential for stable operations [43][44]. Group 3 - The company will hold its second temporary shareholders' meeting on November 28, 2025, to review the proposals approved by the board [55][56]. - The meeting will allow shareholders to vote on the proposals, including the amendments to the articles of association and the derivatives business [63][64]. - The company has established a process for shareholders to participate in the meeting both in person and through online voting [67][68].