Core Viewpoint - The company, Defu Technology (301511.SZ), is currently operating at full capacity and is one of the largest manufacturers of electrolytic copper foil in the country. It has implemented hedging strategies to mitigate the adverse effects of rising copper prices on its operations [1]. Group 1: Production and Financial Performance - The company reported a 100% utilization rate of its production capacity [1]. - It is anticipated that the company's revenue will grow by over 50% and profit margins will increase by over 100% compared to the previous year [1]. Group 2: Risk Management Strategies - To address fluctuations in copper raw material prices, the company engages in futures hedging for part of its copper procurement and inventory [1]. - A risk management protocol for futures hedging transactions was established on October 28, 2023, to standardize the process and ensure the safety of hedging funds [1].
德福科技：公司目前开工率100%，公司对采购和库存的部分铜料均开展期货套期保值业务应对铜原料价格波动