Zheng Quan Ri Bao Zhi Sheng·2026-01-09 16:35Core Viewpoint - Traditional industry listed companies are increasingly focusing on hedging activities to stabilize their operations amid market uncertainties [1][2][3] Group 1: Company Announcements - Shandong Steel announced plans to expand its hedging activities to include zinc, aiming to mitigate price volatility risks in the zinc spot market and stabilize raw material procurement costs [1] - Nanshan Aluminum revealed that its export orders are priced based on "London aluminum price + processing fee," indicating that fluctuations in both aluminum prices and exchange rates will directly impact profit stability [2] - Other companies, including Sichuan Development Longmang Co., Ltd. and Dalian Dali Kaipu Technology Co., Ltd., have also issued similar announcements regarding hedging for various commodities [2] Group 2: Industry Trends - The shift towards hedging reflects a deeper transformation in corporate management philosophy, moving from scale expansion to refined financial management and risk hedging to ensure stable profitability [2] - Hedging is seen as a critical tool for companies to build competitive advantages, allowing them to focus on technology upgrades and market share after stabilizing costs and prices [2][3] - Companies are advised to use hedging tools strictly for risk management rather than speculation, emphasizing the importance of aligning hedging activities with operational needs [3]