LMC(SZ:002921) Sou Hu Cai Jing·2026-02-24 11:44Core Viewpoint - Liancheng Precision (002921) has announced plans to engage in foreign exchange derivative hedging transactions to mitigate the impact of currency fluctuations on its export business [1]. Group 1: Stock Performance - As of February 24, 2026, Liancheng Precision's stock closed at 23.96 yuan, up 0.08% from the previous trading day, with a total market capitalization of 3.569 billion yuan [1]. - The stock opened at 24.39 yuan, reached a high of 24.59 yuan, and a low of 23.38 yuan, with a trading volume of 115 million yuan and a turnover rate of 3.76% [1]. Group 2: Foreign Exchange Hedging Announcement - The company plans to conduct foreign exchange derivative hedging transactions to protect against exchange rate volatility, primarily using foreign currency for export settlements [1]. - The hedging will involve currencies such as USD, EUR, and JPY, and will include instruments like forward foreign exchange contracts, foreign exchange swaps, and foreign exchange options [1]. - The total transaction amount will not exceed 50 million USD (or equivalent in other currencies), and the business will be valid for 12 months from the date of board approval [1]. - The funding for these transactions will come from the company's own funds, without involving raised funds or bank credit [1]. - This initiative has been approved by the company's fourth board of directors' second meeting and does not require shareholder approval [1]. - The company has established relevant management systems to define operational principles, approval authority, and risk control measures to ensure that the transactions aim to hedge against exchange rate risks rather than speculative activities [1].