DFD(SZ:002407) Shang Hai Zheng Quan Bao·2026-01-09 19:28Group 1 - The core point of the article is that the company, Dofluor Technologies Co., Ltd., has approved a hedging business plan for 2026 to mitigate risks associated with price fluctuations of lithium carbonate and foreign exchange rates [3][6][17]. Group 2 - The board meeting was held on January 9, 2026, with all 9 directors present, and the meeting followed the legal procedures as per the company's articles of association [2]. - The board unanimously approved the proposal for conducting hedging activities for the year 2026, specifically focusing on commodity and foreign exchange hedging [3][6]. Group 3 - The purpose of the commodity hedging business is to reduce operational risks due to the significant price volatility of lithium carbonate, which is a primary raw material for the company's new material and new energy business [7]. - The foreign exchange hedging business aims to manage the increasing foreign currency settlement needs arising from the company's expanding overseas operations [7]. Group 4 - The company plans to use futures contracts for commodity hedging, with a maximum contract value of 800 million RMB and a maximum margin and premium limit of 100 million RMB [10]. - For foreign exchange hedging, the company will limit transactions to major currencies used in its operations, with a maximum contract value of 5 million USD or equivalent [13]. Group 5 - The company has established risk control measures, including a comprehensive management system for hedging activities, to mitigate market, funding, technical, operational, and default risks [16]. - The hedging activities are expected to stabilize the company's operating performance and ensure sustainable growth by controlling the impact of raw material and exchange rate fluctuations on profits [17][19].