Core Viewpoint - Beijing Hekang New Energy Technology Co., Ltd. plans to increase its foreign exchange hedging business limit to mitigate risks associated with foreign currency fluctuations as its overseas business expands [1][2]. Group 1: Business Expansion and Hedging Strategy - The company has approved a new limit for foreign exchange hedging business, increasing it from RMB 200 million to RMB 500 million or equivalent foreign currency [1]. - The decision was made during the 23rd meeting of the sixth board of directors and the 11th meeting of the sixth supervisory board, reflecting the need for enhanced risk management due to changing external conditions [1][2]. - The hedging business will include various financial instruments such as forward foreign exchange contracts, foreign exchange swaps, foreign exchange options, interest rate swaps, and other foreign exchange derivatives [2]. Group 2: Risk Management Measures - The company emphasizes that its hedging activities will be closely aligned with its core business operations, ensuring that the currency, scale, direction, and duration of transactions are appropriately matched [2]. - A series of measures will be implemented to manage risks, including strengthening research and analysis of exchange rates and adjusting business strategies as needed [2]. - The finance department will oversee the hedging activities, ensuring that they are based on normal operational needs and avoiding speculative trading [2].

Group 1 - Ugreen Technology (301606) closed at 67.5 yuan on August 29, 2025, down 6.41%, with a turnover rate of 4.44%, trading volume of 97,200 shares, and a transaction amount of 630 million yuan [1] - On August 29, the net outflow of main funds was 16.857 million yuan, while the net inflow of speculative funds was 26.9536 million yuan, and the net outflow of retail funds was 10.0966 million yuan [1][3] - Huatai United Securities conducted a half-year tracking report for Ugreen Technology, confirming that the company has complied with disclosure requirements and governance standards, with no significant risks identified [1] Group 2 - Ugreen Technology plans to conduct foreign exchange hedging with a limit not exceeding 190 million yuan, funded by its own resources, to mitigate foreign exchange rate fluctuation risks [2][3] - The hedging will involve currencies such as USD and EUR, and will include spot/forward foreign exchange settlements, foreign exchange trading, swaps, and derivative product combinations, with transactions conducted with qualified banks [2]

Core Viewpoint - The company, Ju Yi Technology, has shown significant growth in its financial performance for the first half of 2025, with notable increases in revenue and net profit, while also undergoing structural changes in its governance and financial strategies [4][5][6]. Financial Performance - For the first half of 2025, Ju Yi Technology reported a main revenue of 1.899 billion yuan, an increase of 25.99% year-on-year [4] - The net profit attributable to shareholders reached 39.79 million yuan, up 69.48% year-on-year [4] - The net profit after deducting non-recurring gains and losses was 24.51 million yuan, a substantial increase of 429.74% year-on-year [4] - In Q2 2025, the main revenue was 939 million yuan, reflecting a year-on-year growth of 42.45% [4] - The net profit attributable to shareholders for Q2 was 13.31 million yuan, a remarkable increase of 716.05% year-on-year [4] - The asset-liability ratio stood at 70.61%, with a gross profit margin of 15.52% [4] - R&D investment accounted for 7.14% of operating revenue [4] Shareholder Changes - As of June 30, 2025, the number of shareholders increased to 6,707, marking an 11.25% rise since March 31, 2025 [3] - The average number of shares held per shareholder decreased from 22,800 shares to 20,500 shares, with an average holding value of 557,200 yuan [3] Corporate Announcements - The board approved the 2025 semi-annual report and related proposals, including the reappointment of the accounting firm and the initiation of foreign exchange hedging activities [5] - The company plans to cancel the supervisory board, transferring its responsibilities to the audit committee of the board [5] - A foreign exchange hedging business is proposed, with a transaction amount not exceeding 100 million USD [5] - The company intends to increase its investment in Anhui Jianghuai Heavy Engineering Machinery Co., Ltd. by 53.9 million yuan, maintaining a 49% ownership stake [5] - The company will repurchase and cancel 98,000 restricted shares at a price of 18.31 yuan per share, reducing the total share capital [5] - The company has terminated the "General Industrial Intelligent Equipment Industrialization Construction Project" and will redirect remaining funds to the "New Energy Vehicle New Generation Electric Drive System Industrialization Project" [5][6]

Core Viewpoint - Shenzhen Jintuo Automation Equipment Co., Ltd. has approved a series of important resolutions during its board meeting, focusing on foreign exchange derivative hedging to manage currency risk as the company expands its international market presence [2]. Group 1: Board Meeting Details - The sixth board meeting was held on August 29, 2025, with all seven directors present, confirming compliance with relevant regulations [1]. - The meeting was chaired by Chairman Wu Siyuan, and all senior management attended [1]. Group 2: Resolutions Passed - The board approved the initiation of foreign exchange derivative hedging transactions, with a total limit not exceeding $30 million (or equivalent in RMB) for a period of 12 months [2]. - The maximum peak margin for these transactions shall not exceed 50% of the company's most recent audited net profit [2]. - The board authorized the general manager to approve and sign relevant agreements within the specified limits, with the finance department responsible for execution [2]. Group 3: Management and Oversight - The independent directors and the audit committee unanimously supported the hedging proposal, with all votes in favor [2]. - A management system for foreign exchange hedging will be established to enhance risk management and ensure asset security [2].

Group 1 - The core purpose of the foreign exchange hedging business is to mitigate risks associated with exchange rate fluctuations due to the company's expanding overseas operations and increasing foreign currency transactions [1][2] - The company plans to conduct foreign exchange hedging transactions involving various currencies, primarily including the US dollar, to protect against exchange rate risks [1][2] - The total amount for the foreign exchange hedging business is capped at 20 million USD or equivalent foreign currency, with a validity period of 12 months from the board's approval [2][5] Group 2 - The company will only engage with qualified financial institutions approved by regulatory authorities for foreign exchange hedging transactions, ensuring low counterparty risk [3][4] - A comprehensive risk management framework has been established, including internal controls and procedures to minimize operational risks associated with foreign exchange hedging [3][4] - The company will continuously monitor market prices and assess the risk exposure of foreign exchange derivatives, reporting any anomalies to management [3][4] Group 3 - The foreign exchange hedging business is aligned with the company's operational needs and aims to enhance financial stability without harming the interests of shareholders [4][6] - The board and audit committee have approved the foreign exchange hedging proposal, confirming that it meets the company's business development requirements [5][6] - The company has developed a management system for foreign exchange hedging, detailing principles, approval authority, and risk handling procedures [4][6]

Group 1 - The company held its 16th meeting of the 3rd Board of Directors on August 29, 2025, with all 7 directors present, ensuring compliance with legal regulations [1][2] - The Board approved the 2025 semi-annual report and its summary, which had been pre-reviewed by the Audit Committee and received written opinions from the Supervisory Board [1] - The Board passed a resolution to establish a foreign exchange hedging management system, with unanimous approval from all directors [2] Group 2 - The Board approved the proposal to conduct foreign exchange hedging business, with all directors voting in favor [2] - The Board approved the establishment of a subsidiary in Tanzania and the construction of a production base, with unanimous support from the Board [2][3] - The Board also approved the establishment of a subsidiary in Peru and the construction of a production base, receiving unanimous approval [3] - The Board decided to suspend the investment in the Mexico production base project, with all directors voting in favor [3]

Group 1 - The third meeting of the supervisory board of Hangzhou Haoyue Nursing Products Co., Ltd. was held on August 29, 2025, with all three supervisors present, confirming compliance with relevant laws and regulations [1][2] - The supervisory board approved the 2025 semi-annual report, stating that the report accurately reflects the company's operational and management status during the reporting period, with no false records or omissions [1][2] - The board also approved a proposal to conduct foreign exchange hedging business, which is deemed beneficial for mitigating the adverse effects of exchange rate fluctuations on the company's operations [2]

Core Viewpoint - The document outlines the foreign exchange hedging management system of Shenzhen Panhai Tonglian Precision Manufacturing Co., Ltd, aiming to standardize operations and mitigate foreign currency exchange risks through various hedging activities [1][2]. Group 1: General Principles - The foreign exchange hedging activities are defined as measures taken to avoid and mitigate exchange rate or interest rate risks, including but not limited to forward foreign exchange transactions, foreign exchange swaps, interest rate swaps, and foreign exchange options [1][2]. - The company is prohibited from engaging in foreign exchange transactions solely for profit, emphasizing that all activities must be based on normal business operations and aimed at risk mitigation [2][3]. - All foreign exchange hedging transactions must be conducted with qualified financial institutions approved by the State Administration of Foreign Exchange and the People's Bank of China [2][3]. Group 2: Responsibilities and Approval Authority - The board of directors and the shareholders' meeting serve as the approval decision-making bodies for foreign exchange hedging activities, requiring a feasibility analysis report for transactions exceeding certain thresholds [4][5]. - The company must operate within the approved limits and cannot engage in transactions before obtaining necessary approvals [4][5]. Group 3: Internal Management and Procedures - The document specifies the internal operational processes for foreign exchange hedging, including planning, fund allocation, and daily management, with oversight from the audit department [5][6]. - In the event of significant exchange rate fluctuations, the finance department is responsible for timely analysis and reporting to senior management for appropriate action [6][7]. Group 4: Information Security Measures - All personnel involved in foreign exchange hedging must adhere to confidentiality protocols, ensuring that sensitive information regarding transactions and financial status is not disclosed without authorization [6][7]. Group 5: Risk Reporting and Management - The finance department must report any losses that exceed 10% of the company's audited net profit from the previous year, along with necessary remedial measures [7][8]. - The company is required to reassess the effectiveness of hedging relationships and disclose any discrepancies in expected outcomes [7][8].

Core Viewpoint - The company intends to conduct foreign exchange hedging activities to mitigate foreign exchange market risks and enhance the efficiency of foreign currency usage, ensuring that these activities are based on actual business needs and not speculative trading [2][5]. Summary by Sections Overview of Hedging Activities - The purpose of the hedging activities is to avoid adverse impacts from exchange rate fluctuations on the company's operational performance [2]. - The maximum transaction amount for the hedging activities will not exceed 300 million RMB or equivalent in other currencies at any given time [2]. - Funding for these activities will come from the company's own funds and other legally permitted sources, without involving raised funds [2]. - The hedging will involve currencies relevant to the company's actual business, including but not limited to USD, EUR, and JPY [2]. - The validity of the hedging limit is 12 months from the date of board approval, allowing for rolling usage within this period [2]. Review Procedures - The proposal for the hedging activities was approved by the company's board and supervisory committee, and it does not require shareholder approval as it is not classified as a related party transaction [3]. - The board has authorized the general manager and designated representatives to implement the hedging activities within the approved limits [3]. Risk Analysis and Control Measures - The company acknowledges potential risks associated with the hedging activities, including market risk, liquidity risk, operational risk, credit risk, and legal risk [4]. - To mitigate market risk, the company will enhance its analysis of exchange rates and adjust its operational strategies accordingly [4]. - For liquidity risk, the company will ensure that it has sufficient funds for settlement and will select simple, liquid hedging products [4]. - Operational risks will be managed through established procedures and dedicated personnel to ensure timely communication and compliance with protocols [4]. - Credit risk is minimized by dealing with reputable financial institutions with which the company has established long-term relationships [4]. - Legal risks will be addressed through training and establishing reporting systems for unusual situations [4]. Impact on the Company and Accounting Treatment - The hedging activities are expected to reduce foreign exchange market risks and enhance the company's financial stability [4]. - The company will follow relevant accounting standards for the recognition and measurement of financial instruments and will disclose the hedging activities accordingly [5]. - The final accounting treatment will be confirmed by the company's annual audit [5]. Sponsor's Opinion - The sponsor believes that the company's hedging activities are aligned with its business development needs and have undergone necessary approval processes [5].

Core Viewpoint - The document outlines the foreign exchange hedging management system of Guangdong Anda Intelligent Equipment Co., Ltd., aimed at regulating foreign exchange hedging activities, enhancing management, and mitigating foreign currency exchange risks [2][3]. Summary by Sections General Principles - The system is established to ensure the safety of the company's assets and is based on relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China [2]. - Foreign exchange hedging activities include various financial instruments such as forward foreign exchange contracts, foreign exchange swaps, and options, aimed at mitigating exchange rate or interest rate risks [2][3]. Operational Principles - The company must conduct hedging activities based on legitimate, prudent, safe, and effective principles, focusing on normal business operations and avoiding speculative transactions [4]. - Transactions are only permitted with qualified financial institutions approved by the State Administration of Foreign Exchange and the People's Bank of China [4][5]. Approval and Authorization - The Board of Directors and the Shareholders' Meeting are responsible for approving foreign exchange hedging activities, with specific thresholds for reporting to the Shareholders' Meeting based on transaction values [6][7]. - The Chairman of the Board or the authorized CFO is responsible for the implementation and management of hedging activities [6][7]. Management and Internal Processes - The finance department is responsible for managing hedging activities, while the internal audit department supervises compliance [8]. - A clear internal process is established for monitoring currency exchange trends and executing hedging transactions [8][9]. Information Disclosure and Record Keeping - The company must disclose hedging activities according to regulations from the China Securities Regulatory Commission and the Shanghai Stock Exchange [9][10]. - Documentation related to hedging activities must be maintained for ten years [9][10]. Miscellaneous - The system will be revised in accordance with future laws and regulations, ensuring compliance and adaptability [11].