杭州中恒电气股份有限公司第九届董事会第五次会议决议公告

Core Viewpoint - The company has approved two significant resolutions during its board meeting, including the initiation of futures hedging business and the disposal of equity in an associate company, aimed at optimizing its asset structure and managing risks associated with raw material price fluctuations [1][3][18]. Group 1: Futures Hedging Business - The company plans to conduct futures hedging to mitigate the adverse effects of price fluctuations in bulk raw materials, thereby effectively managing costs [7][8]. - The maximum margin balance for the futures hedging business will not exceed RMB 20 million, with a maximum contract value of RMB 200 million on any trading day [7][8]. - The hedging will involve commodities such as copper, aluminum, lead, tin, and steel, traded on approved domestic and international exchanges [7][8]. Group 2: Disposal of Equity in Associate Company - The company intends to dispose of its entire 7.3346% equity stake in Fujian Ningde Zhixiang Unlimited Technology Co., Ltd., through market search, original shareholders, or buyback [3][18]. - The board has authorized management to handle the transaction, ensuring the transaction amount is not less than RMB 200 million [3][18]. - This transaction is not classified as a related party transaction and does not constitute a major asset restructuring under relevant regulations [19][20].