福耀玻璃拟开展外汇衍生品交易业务

Core Viewpoint - Fuyao Glass (600660) announced the approval of a proposal to engage in foreign exchange derivative trading to mitigate risks associated with currency fluctuations as its overseas sales grow [1] Group 1: Company Announcement - The company will hold its 11th Board of Directors' 11th meeting on March 17, 2026, to review the proposal for foreign exchange derivative trading [1] - The proposal aims to address potential impacts on the company's operating performance due to significant fluctuations in foreign exchange rates, primarily as sales receipts are mainly in USD and EUR [1] Group 2: Trading Limits - The total amount for foreign exchange derivative trading will not exceed $500 million or its equivalent in foreign currencies within a 12-month period from the approval date [1] - The company can utilize the trading profits for further transactions, but the total amount at any point in time, including profits from previous trades, must not exceed the $500 million limit [1]