SUNRISE(SZ:002256) Sou Hu Cai Jing·2026-02-09 08:42Core Viewpoint - The company has approved a foreign exchange hedging business to mitigate currency risk, with a maximum amount of CNY 100 million or equivalent foreign currency, and a maximum contract value of CNY 8 million for any trading day [2][8]. Group 1: Meeting and Approval - The company's seventh board of directors held its thirteenth meeting on February 6, 2026, where all seven participating directors approved the proposal for foreign exchange hedging [1][8]. - The board's decision was made via a communication voting method, and the meeting adhered to relevant laws and regulations [1][8]. Group 2: Business Details - The foreign exchange hedging business aims to prevent exchange rate risks associated with the company's export operations, which have a significant proportion of foreign currency settlements [6][8]. - The company plans to use its own and self-raised funds for the hedging business, with a maximum contract value of CNY 100 million or equivalent foreign currency, and a maximum margin and premium of CNY 8 million [2][9]. Group 3: Authorization and Management - The board has authorized the general manager to manage the foreign exchange hedging operations, including signing relevant agreements, for a period of 12 months from the approval date [2][11]. - The hedging transactions will be conducted with banks and financial institutions that have the necessary qualifications approved by the State Administration of Foreign Exchange and the People's Bank of China [12][14]. Group 4: Risk Management - The company has established a management approach for the foreign exchange hedging business to ensure compliance and mitigate risks, including market, operational, and legal risks [20][21]. - Regular audits and supervision will be conducted by the company's audit center and compliance risk control center to ensure adherence to regulations and internal controls [22]. Group 5: Impact on the Company - The decision to engage in foreign exchange hedging is expected to enhance financial stability and efficiency in the use of foreign exchange funds, while safeguarding the interests of all shareholders, particularly minority shareholders [24].