NARADA(SZ:300068) Sou Hu Cai Jing·2026-01-18 16:57Trading Information Summary - As of January 16, 2026, Nandu Power (300068) closed at 16.69 yuan, down 0.6%, with a turnover rate of 5.22%, trading volume of 445,500 shares, and a transaction amount of 745 million yuan [1] - On January 16, the net outflow of main funds was 85.69 million yuan, while retail investors saw a net inflow of 54.61 million yuan [1] Company Announcement Summary - The 7th meeting of the 9th Board of Directors approved several resolutions, including the initiation of hedging business for 2026 with a total margin and premium cap of no more than 150 million yuan and a maximum contract value of 2.2 billion yuan [2][4] - The company plans to provide guarantees totaling no more than 8.05 billion yuan for its subsidiaries in 2026, with a cap of 1.4 billion yuan for subsidiaries with a debt-to-asset ratio below 70% and 6.65 billion yuan for those above [2][4] - Nandu Power intends to apply for a comprehensive credit limit of no more than 14.51 billion yuan from banks for various financing needs [2][4] - The company will use up to 2 billion yuan of idle self-owned funds for cash management, with at least 1.95 billion yuan allocated to deposit products [3][4] Hedging Business Feasibility Analysis - Nandu Power aims to mitigate risks from foreign exchange and raw material price fluctuations by engaging in foreign exchange and commodity hedging activities [4] - The maximum contract value for foreign exchange hedging is capped at 800 million yuan, while for commodity hedging, it is capped at 1.4 billion yuan, with a total margin cap of 150 million yuan [4]