晶科能源股份有限公司关于2026年度开展外汇衍生品交易的公告

Group 1 - The company plans to conduct foreign exchange derivative trading in 2026 to mitigate risks associated with currency fluctuations due to international political and economic factors [3][4] - The maximum trading margin and premium on any given day will not exceed USD 350 million, with a maximum contract value of USD 3.5 billion [4][7] - The funding for these transactions will come from the company's own funds and will not involve raised capital [4] Group 2 - The foreign exchange derivative trading will include forward foreign exchange contracts, foreign exchange swaps, and foreign exchange options, primarily involving USD, EUR, JPY, and AUD [5] - The trading period is set from January 1, 2026, to December 31, 2026, with the possibility of rolling over the funds within this timeframe [6] - The board of directors has proposed to authorize management to implement related matters within the approved limits [6] Group 3 - The company has established risk control measures to ensure that foreign exchange derivative trading is conducted legally, prudently, and effectively, avoiding speculative operations [12][13] - The company will only engage in transactions with financial institutions approved by regulatory authorities [12] - The internal audit department will supervise compliance with the trading decisions and management [14] Group 4 - The foreign exchange derivative trading is closely related to the company's daily operations and aims to enhance financial stability without affecting normal production [15] - The accounting treatment for the proposed foreign exchange derivative trading will comply with relevant financial reporting standards [16] Group 5 - The company plans to apply for a comprehensive credit limit of up to RMB 92.66 billion for 2026 and provide guarantees totaling up to RMB 69.96 billion for its subsidiaries [49][53] - The board has approved the proposed credit and guarantee limits, which will be submitted for shareholder approval [55][59] - The guarantees will include various types such as general guarantees, joint liability guarantees, and collateral guarantees [53]