Core Viewpoint - Yongtaiyun announced the approval of a proposal to conduct foreign exchange derivative hedging business with a limit of up to 80 million USD using its own funds [1] Summary by Sections Business Proposal - The company and its subsidiaries plan to engage in foreign exchange derivative hedging with a maximum limit of 80 million USD or equivalent currency [1] - The expected margin and premium for the transactions will not exceed 10 million RMB or equivalent foreign currency [1] Transaction Details - The transaction period will last for 12 months from the date of shareholder meeting approval [1] - The approved limit can be used in a rolling manner within the approval period, with each transaction's maturity date aligned with the company's expected receipt/payment dates, generally not exceeding 12 months [1] - At any point during the period, the total amount held (including profits from previous transactions) will not exceed 80 million USD or equivalent currency [1] Approval Process - The proposal is subject to review and approval at the company's eighth extraordinary general meeting in 2025 [1]
永泰运：关于开展外汇衍生品套期保值业务的公告