Key Points - The company reported a closing price of 11.85 yuan on January 19, 2026, with a 5.05% increase and a trading volume of 134,600 shares, amounting to a total transaction value of 157 million yuan [1] - On January 19, 2026, the net inflow of main funds was 7.2177 million yuan, accounting for 4.6% of the total transaction value, while retail investors had a net inflow of 54,200 yuan, representing 0.03% of the total [1] Company Announcements - The company held its 11th meeting of the 4th Board of Directors on January 15, 2026, where it approved several resolutions, including the postponement of certain fundraising projects and the initiation of futures hedging business [1][2] - The company plans to conduct futures hedging for copper, aluminum, and stainless steel to mitigate the adverse effects of raw material price fluctuations, with a maximum margin of 10 million yuan and a duration of 12 months [1][2] - The company decided to postpone the "Park Comprehensive Energy Low-Carbon Control System Construction Project" from January 19, 2026, to June 30, 2027, due to equipment price fluctuations and technological development trends, with a current investment progress of 39.45% [3][5] Futures Hedging Business - The company has established a "Futures Hedging Business Management System" to ensure that the hedging activities align with actual production needs and to prevent speculative trading [2][4] - The maximum position for the hedging business will not exceed the actual procurement volume, and the total margin account will not exceed 10 million yuan, funded by self-owned funds or bank financing [2][5] - The management system includes risk control measures, such as authorization management, separation of duties, regular inspections, and stop-loss mechanisms [2][5]
股市必读：许昌智能（920496）1月19日主力资金净流入721.77万元，占总成交额4.6%