HONTRON(SZ:002379) Ge Long Hui·2026-01-09 11:16Core Viewpoint - Hongchuang Holdings announced the completion of a significant asset restructuring on December 31, 2025, with Hongtuo Industrial becoming its wholly-owned subsidiary [1] Group 1: Business Expansion - The company plans to increase its commodity derivatives business quota to match business scale and hedging needs, raising the margin from no more than 70 million to no more than 700 million [1] - The maximum contract value will increase from no more than 500 million to no more than 7.3 billion, with the ability to recycle [1] - The funding source for this expansion will be from the company's own funds, with an authorization period until December 31, 2026 [1] Group 2: Business Scope and Risk Management - The business types will be limited to aluminum ingots and alumina, with trading venues being either on-exchange or off-exchange [1] - The company acknowledges that there are market and liquidity risks associated with this business and will implement corresponding risk control measures [1]