Core Viewpoint - The company and its subsidiaries are engaging in foreign exchange derivative trading to mitigate foreign exchange fluctuation risks, with a transaction amount not exceeding 30 million USD or equivalent in other currencies [1] Group 1 - The company has received board approval for foreign exchange derivative trading, which includes forward foreign exchange contracts [1] - The trading period is set for 12 months from the date of board approval [1] - The trading will be conducted with qualified financial institutions [1] Group 2 - The company has implemented risk control measures to address market and liquidity risks associated with the trading activities [1] - The transactions do not constitute a major asset restructuring or related party transactions [1]
景兴纸业:拟开展不超3000万美元外汇衍生品交易业务