Changhong Polymer(SH:605008) Xin Lang Cai Jing·2026-01-29 15:59Core Viewpoint - Ningbo Changhong High Polymer Technology Co., Ltd. has approved two proposals related to futures and derivatives hedging business to manage raw material price volatility risks and ensure operational stability [1][2]. Group 1: Board Meeting Decisions - The board meeting held on January 29, 2026, was attended by all 9 directors, and the resolutions passed were deemed legal and effective [1]. - The proposal to establish a "Futures and Derivatives Hedging Business Management System" was approved, providing a framework for the company's hedging operations, including operational processes, risk control, and approval authority [2]. - The board unanimously approved the proposal to conduct raw material futures and derivatives hedging business, along with a feasibility analysis report [2]. Group 2: Focus on Raw Material Risk Management - The hedging business will primarily target raw materials necessary for the company's production, allowing the company to lock in procurement prices and mitigate risks from commodity price fluctuations [3]. - The company emphasizes adherence to the principles of "hedging and risk mitigation" without engaging in speculative trading, ensuring that the scale of related business aligns with actual operational needs [3]. - Establishing a hedging mechanism is expected to smooth cost fluctuations and enhance the accuracy of profit forecasts, contributing positively to the company's long-term stable operations [3].