Zhuzhou Kibing (SH:601636) Sou Hu Cai Jing·2026-01-27 18:12Trading Information - As of January 27, 2026, Qibin Group (601636) closed at 6.94 yuan, up 0.14%, with a turnover rate of 1.48%, trading volume of 437,100 shares, and a transaction amount of 302 million yuan [1] - On January 27, the net outflow of main funds was 9.67 million yuan, accounting for 3.2% of the total transaction amount; net inflow of retail funds was 22.87 million yuan, accounting for 7.57% of the total transaction amount; net outflow of individual investors was 13.20 million yuan, accounting for 4.37% of the total transaction amount [1][4] Company Announcements - On January 27, 2026, Qibin Group's sixth board of directors held a meeting and approved the proposal to continue conducting futures hedging business, with a maximum contract value not exceeding 500 million yuan and a maximum margin and premium of 57 million yuan [1][2][4] - The company will continue to engage in futures hedging to lock in raw material procurement costs and inventory selling prices, mitigating risks from price fluctuations of soda ash, silver, tin, and platinum [1][2] Financial Management - Qibin Group has utilized idle self-owned funds for entrusted wealth management, with an investment amount of 1.18 billion yuan across 12 bank wealth management products, with terms ranging from 25 to 52 days [2] - As of January 27, 2026, the total entrusted wealth management amount in the last twelve months was 9.048 billion yuan, with 7.868 billion yuan recovered, leaving an outstanding principal balance of 1.18 billion yuan [2] Hedging Management System - Qibin Group has established a hedging management system, focusing on avoiding risks from price fluctuations of raw materials and finished products, specifically for soda ash, silver, tin, platinum, and glass [3] - The system prohibits speculative trading, mandates the use of self-owned funds, and requires board or shareholder approval for hedging activities [3]