湖北万润新能源科技股份有限公司关于调整商品期货期权套期保值业务额度的公告

Core Viewpoint - The company has adjusted the maximum margin for its commodity futures and options hedging business from RMB 150 million to RMB 300 million to better manage the risks associated with raw material price fluctuations, particularly lithium salt products [2][5][12]. Group 1: Trading Overview - The company primarily engages in the production of cathode materials and precursors for lithium-ion power batteries and energy storage batteries, with lithium carbonate being a significant raw material [4]. - The hedging business aims to mitigate the impact of price volatility of lithium salt products on production costs, enhancing the company's financial stability [4][12]. Group 2: Adjusted Trading Amount - The maximum margin for the hedging business has been increased to RMB 300 million, while the maximum contract value held on any trading day remains at RMB 1.5 billion [5][12]. - This adjustment is valid for 12 months from the date of the board's approval, allowing for the margin to be reused within this period [5][8]. Group 3: Risk Management Measures - The company has established a comprehensive risk management framework to control various risks associated with the hedging activities, including market, operational, and technical risks [11]. - Specific measures include strict adherence to internal control systems, regular analysis of market conditions, and ensuring that hedging activities align with the company's operational needs [11]. Group 4: Impact on the Company - The hedging activities are not intended for speculation or arbitrage and are designed to ensure that normal business operations are not disrupted, thereby supporting stable business development [12]. - The company will follow relevant accounting standards for the financial reporting of its hedging activities, ensuring transparency and compliance [12]. Group 5: Approval Process - The adjustment of the hedging margin was approved by the company's board and audit committee, fulfilling necessary procedural requirements without needing shareholder approval [2][13].