Ye Chiu Resources(SH:601388) Sou Hu Cai Jing·2025-11-16 17:22Core Viewpoint - The company, Yiqiu Resources, is set to implement hedging activities to mitigate risks associated with price fluctuations in aluminum alloy ingots and non-ferrous metals, as approved by its board of directors [2][4]. Trading Information Summary - As of November 14, 2025, Yiqiu Resources' stock closed at 3.34 yuan, down 1.47%, with a turnover rate of 3.2%, trading volume of 705,400 shares, and a transaction value of 239 million yuan [1]. - On the same day, the net outflow of main funds was 37.03 million yuan, accounting for 15.51% of the total transaction value; retail investors had a net inflow of 33.26 million yuan, representing 13.93% of the total transaction value [1][5]. Company Announcement Summary - The sixth board of directors of Yiqiu Resources held its fifth meeting on November 14, 2025, where the proposal to conduct hedging activities was unanimously approved by all nine attending directors [2]. - The hedging activities will involve trading in futures related to aluminum alloy ingots and non-ferrous metals, utilizing derivatives such as options, futures, and forwards, with a maximum margin and premium limit of 9 million yuan and a maximum contract value of 2.1 billion yuan per trading day [3][4]. Risk Management Measures - The company has established a "Hedging Management Method" to define approval authority, business processes, and risk control measures, with regular reviews by the risk management department [3].