Core Viewpoint - Huarong Chemical announced the approval of a foreign exchange hedging business to mitigate foreign exchange market risks [2] Group 1: Business Strategy - The company plans to engage in foreign exchange hedging activities with qualified financial institutions, including banks approved by relevant government departments [2] - The maximum contract value held on any trading day will not exceed 100 million USD, with a maximum limit of 6.5 million USD for transaction margin and premiums [2] Group 2: Financial Instruments - The hedging activities will include various financial products such as forward foreign exchange contracts, foreign exchange swaps, foreign exchange options, interest rate swaps, interest rate options, and currency swaps, or combinations of these products [2]
华融化学:关于开展外汇套期保值业务的公告