深圳市金新农科技股份有限公司第六届董事会第十八次临时会议决议公告

Core Viewpoint - The company, Shenzhen Kingsino Technology Co., Ltd., has approved several proposals during its 18th temporary board meeting, including plans for futures and derivatives hedging, investment activities, and expected guarantees for 2026, which will be submitted for shareholder approval [1][2][3][4][5][6]. Group 1: Futures and Derivatives Hedging - The company plans to engage in futures and derivatives hedging activities in 2026, with a maximum trading margin and rights amounting to 100 million yuan, valid from January 1, 2026, to December 31, 2026 [2][25]. - The hedging aims to manage price volatility risks associated with raw materials and products, particularly in the pig farming and feed production sectors [25][26]. Group 2: Futures and Derivatives Investment - The company intends to conduct futures and derivatives investment activities in 2026, with a maximum trading margin and rights amounting to 60 million yuan, also valid for the same period [2][39]. - This investment is aimed at effectively utilizing idle funds and obtaining investment returns while controlling risks [39][40]. Group 3: Expected Guarantees - The company plans to provide guarantees for cooperative farmers to secure bank financing, with a total guarantee amount not exceeding 100 million yuan [4][12]. - Additionally, the company will provide guarantees for its wholly-owned or controlled subsidiaries for various financing activities, with a total guarantee amount not exceeding 2.9 billion yuan [4][12][20]. Group 4: Comprehensive Credit Financing - The company aims to apply for a comprehensive credit financing limit of up to 5 billion yuan from banks and leasing institutions for 2026, with the actual financing amount determined by operational needs [5][64]. - This financing is expected to support the company's operational development without harming the interests of shareholders [68]. Group 5: Related Transactions - The company anticipates engaging in related transactions with its indirect controlling shareholder's subsidiaries, estimating sales of live pigs not exceeding 10 million yuan with one subsidiary and 20 million yuan with another [3][54][55]. - These transactions are considered normal business operations and are expected to contribute positively to the company's business development [59][60].