Core Viewpoint - The company is addressing concerns regarding the impact of currency exchange rate fluctuations, particularly the depreciation of the RMB against the USD, on its profitability due to its high export volume to the United States [1] Group 1: Currency Exchange Impact - The company exports 92% of its products to the United States, making it vulnerable to exchange rate fluctuations [1] - The depreciation of the RMB against the USD has significantly affected the net profit due to the difference between product pricing at the time of contract signing and the delivery settlement [1] Group 2: Risk Mitigation Strategies - The company is closely monitoring USD exchange rate trends and has implemented measures such as forward foreign exchange contracts to mitigate risks associated with currency fluctuations [1] - The company is also managing its funding arrangements in multiple currencies based on operational needs to further safeguard against exchange rate volatility [1]
嘉益股份：通过远期结售汇防范汇率波动风险