Core Viewpoint - The company, Ying Shi Innovation, has reported a stock price increase and is planning to engage in foreign exchange hedging to mitigate currency risk while also preparing for a board restructuring and related party transactions in 2026 [1][3][4]. Stock Performance - As of December 26, 2025, Ying Shi Innovation's stock closed at 241.49 CNY, up 0.84% from the previous week [1]. - The stock reached a weekly high of 248.0 CNY on December 25 and a low of 237.8 CNY on December 23 [1]. - The company's current market capitalization is 94.195 billion CNY, ranking 6th in the consumer electronics sector and 185th among all A-shares [1]. Foreign Exchange Hedging - The company plans to conduct foreign exchange hedging with a maximum contract value not exceeding 150 million CNY per trading day, with a margin and premium cap of 15 million CNY [3][9]. - The hedging activities will include forward foreign exchange contracts, foreign exchange swaps, and foreign exchange options, aimed at mitigating currency risk [9]. Related Party Transactions - Ying Shi Innovation anticipates a related party transaction with Dongguan Rongguang Optical Co., Ltd. for 29 million CNY (excluding tax) in 2026, primarily for the procurement of molds and components [3][5]. - This transaction has been approved by the board and is based on market pricing principles, ensuring it does not affect the company's independence [5]. Board Restructuring - A temporary shareholders' meeting is scheduled for January 15, 2026, to discuss expanding the business scope and electing the third board of directors [4][8]. - The proposed new business scope includes sales of electronic products, gold and silver products, and jewelry retail [8]. - Several candidates have been nominated for the independent director positions, all of whom meet the qualifications and have no conflicts of interest [6][7][8].
每周股票复盘：影石创新（688775）拟开展15亿元外汇套期保值