Core Viewpoint - As of June 6, 2025, the stock price of Senqilin (002984) closed at 18.56 yuan, reflecting a slight decrease of 0.16% from the previous week, with a total market capitalization of 19.218 billion yuan [1] Company Announcements - Senqilin has adjusted its foreign exchange hedging business limit for 2025 to 6.5 billion yuan or equivalent foreign currency, with a maximum trading margin and premium of 500 million yuan or equivalent foreign currency [1] - The adjustment aims to lock in costs, effectively mitigate foreign exchange risks, and prevent adverse impacts from significant exchange rate fluctuations on the company's operations [1] - The company will only engage in foreign exchange business with legally qualified banks and financial institutions, implementing management systems to control risks [1] - The supervisory board believes this move will contribute to the company's stable operations, enhance the efficiency of foreign exchange fund usage, and reasonably reduce financial costs, thereby better protecting the interests of the company and all shareholders [1]

Core Viewpoint - The company has approved an increase in its foreign exchange hedging business limit for 2025 to mitigate foreign exchange risks and stabilize costs amid a complex external environment [3][7]. Group 1: Foreign Exchange Hedging Business - The company has decided to conduct foreign exchange hedging activities for 2025, with a total scale not exceeding 650,000 million RMB or equivalent foreign currency [2][3]. - The maximum expected margin and premium to be utilized for these transactions will not exceed 50,000 million RMB or equivalent foreign currency, and these amounts can be used in a rolling manner within the approved limits [3][7]. - The decision to adjust the hedging limit is based on the company's ongoing "833plus" strategic plan and the need for effective cost management and risk mitigation due to increased international transactions [3][4]. Group 2: Risk Management and Compliance - The company will adhere to a prudent principle in its foreign exchange hedging activities, ensuring that all transactions are based on normal business operations and not for speculative purposes [4][5]. - The funding for these hedging activities will come from the company's own funds and other legally permitted sources, without involving raised funds [4]. - The company has established management systems and procedures to ensure effective risk control and compliance with relevant accounting standards [6][7]. Group 3: Approval Process - The board of directors and the supervisory board have both approved the adjustment of the foreign exchange hedging business limit for 2025, emphasizing the importance of this decision for the company's stable operation and shareholder interests [7][8].

Group 1 - The company held its fourth supervisory board meeting, with all three supervisors participating, either in person or via communication methods [1] - The supervisory board approved the proposal to adjust the foreign exchange hedging business quota for 2025, with unanimous support [1][2] - The adjustment aims to lock in costs, mitigate foreign exchange risks, and enhance the efficiency of foreign exchange fund usage, ultimately benefiting the company and its shareholders [2] Group 2 - The supervisory board's decision is based on the company's actual operational needs and is intended to safeguard against significant currency fluctuations [2] - Detailed information regarding the adjustment and its feasibility analysis can be found in the company's announcements on the official information disclosure platform [2]

当日关注点 关于新增外汇套期保值业务的公告 公司及下属公司拟开展外汇套期保值业务，以控制汇率风险，降低汇率波动对公司经营业绩的不利影 响。交易品种包括但不限于美元、欧元、印度尼西亚盾、港币等币种，交易工具包括即期外汇现货、远 期结售汇等。交易金额不超过5,000万美元或等值外币，前述额度在授权有效期内可循环滚动使用。该 议案尚需提交股东会审议。 截至2025年5月30日收盘，龙蟠科技(603906)报收于11.51元，下跌0.78%，换手率3.06%，成交量17.29万 手，成交额2.0亿元。 交易信息汇总 5月30日，龙蟠科技的资金流向显示，主力资金净流出517.24万元；游资资金净流出522.43万元；散户资 金净流入1039.67万元。 公司公告汇总第四届董事会第三十七次会议决议公告 江苏龙蟠科技股份有限公司第四届董事会第三十七次会议于2025年5月29日召开，会议审议通过以下议 案：- 审议通过《关于对下属公司增资暨关联（连）交易暨累计对外投资的议案》。公司拟向控股子公 司常州锂源新能源科技有限公司增资36,970.56万元，其中5,551.2923万元计入注册资本，剩余 31,419.2677万元计 ...

Core Viewpoint - Suzhou Hanchuan Intelligent Technology Co., Ltd. is actively seeking financial solutions to address its overdue debts and enhance its liquidity through various financing methods, including comprehensive credit lines and hedging activities [1][2][3]. Group 1: Financial Announcements - The company plans to apply for a comprehensive credit line not exceeding RMB 2.1 billion from financial institutions to manage its financial obligations [1]. - As of April 28, 2025, the company's overdue bank debts totaled RMB 157.83 million, representing 24.25% of its latest audited net assets and 86.68% of its cash [1]. - The company intends to conduct foreign exchange hedging activities with a limit of RMB 120 million or equivalent foreign currency, using its own funds [2]. Group 2: Collateral Financing - The company aims to secure collateral financing of up to RMB 1.171 billion using its real estate assets [2]. - Specific financing includes an application to Agricultural Bank of China for up to RMB 200 million, with a portion of RMB 31.17 million secured against real estate owned by a subsidiary [2]. - Additionally, the company plans to apply for RMB 1.13996 billion in collateral financing from 11 banks, with a financing term extending to January 1, 2032 [2]. Group 3: Upcoming Shareholder Meeting - The company will hold its third extraordinary general meeting on June 6, 2025, to discuss the appointment of a new non-independent director following the resignation of a current board member [3][4]. - The meeting will utilize both on-site and online voting methods for decision-making [3].

Core Viewpoint - Jiangsu Longpan Technology Co., Ltd. is actively managing its idle funds and expanding its investment in subsidiaries while also implementing foreign exchange hedging strategies to mitigate risks associated with currency fluctuations [2][4][5]. Group 1: Stock Performance - As of May 30, 2025, Longpan Technology's stock closed at 11.51 yuan, down 6.57% from the previous week's 12.32 yuan [1]. - The stock reached a weekly high of 12.77 yuan on May 28, 2025, and a low of 11.46 yuan on May 30, 2025 [1]. - The company's current total market capitalization is 7.655 billion yuan, ranking 47th out of 95 in the battery sector and 2008th out of 5146 in the A-share market [1]. Group 2: Financial Management - The company announced the use of up to 600 million yuan of idle raised funds for cash management, with 67 million yuan already utilized for purchasing financial products [2]. - An additional 200 million yuan will be used to purchase structured deposit products from the Bank of China, with expected annual yields of 0.6000% or 2.4354% and 0.6000% or 2.4371% for different products [2]. Group 3: Corporate Governance - The 2024 annual shareholders' meeting was held on May 28, 2025, where multiple resolutions, including the 2024 Board of Directors and Supervisors reports, were approved [3]. Group 4: Investment Activities - The company plans to increase its investment in its subsidiary, Changzhou Lithium Source New Energy Technology Co., Ltd., by 369.7056 million yuan, with part of the funds allocated to registered capital and the remainder to capital reserves [4]. - Changzhou Lithium Source intends to further invest 1.4 million USD in its subsidiary, LBM NEW ENERGY(AP) PTE. LTD. [4]. Group 5: Risk Management - The company and its subsidiaries plan to engage in foreign exchange hedging activities to control currency risk, with a maximum transaction amount of 50 million USD or equivalent foreign currency [5].

Group 1 - The company aims to develop its international logistics and supply chain business by engaging in foreign exchange derivative trading to mitigate foreign exchange market risks and enhance the efficiency of foreign currency fund utilization [1][2] - The company plans to conduct foreign exchange derivative trading within a limit of 300 million RMB or equivalent foreign currency, with a usage period not exceeding 12 months from the date of shareholder meeting approval [1][2] - The trading will involve products closely related to the company's core business, including forward foreign exchange contracts, foreign exchange hedging, foreign exchange swaps, foreign exchange options, interest rate swaps, and other related products [2] Group 2 - The necessity and feasibility of engaging in foreign exchange derivative trading are based on the company's need for foreign currency settlements in its international logistics and supply chain operations, which exposes it to exchange rate fluctuations [2][3] - The company has established a comprehensive internal control system to manage risks associated with foreign exchange derivative trading, ensuring that speculative trading is prohibited and that risk assessments are regularly conducted [3][4] - The accounting policies and principles for the foreign exchange derivative trading will comply with relevant financial regulations, ensuring accurate reflection in the financial statements [5] Group 3 - The company has concluded that engaging in foreign exchange derivative trading is necessary to reduce the impact of exchange rate fluctuations, enhance financial stability, and control operational risks, aligning with the interests of the company and its shareholders [5]

Core Viewpoint - The company has approved the use of idle funds for cash management and foreign exchange derivative trading to enhance financial efficiency and risk management [1][2]. Group 1: Cash Management - The company plans to use up to RMB 40 million of idle funds for cash management, which is expected to improve the efficiency of fund utilization without affecting the normal operations of the company and its subsidiaries [1]. - The resolution was passed unanimously with 3 votes in favor, 0 against, and 0 abstentions [1]. Group 2: Foreign Exchange Derivative Trading - The company will engage in foreign exchange derivative trading with a maximum of RMB 30 million or equivalent foreign currency, aimed at hedging against foreign exchange rate fluctuations [2]. - This initiative is intended to mitigate foreign exchange risk and enhance financial stability, with no detriment to the interests of the company and its shareholders [2]. - The resolution for this trading activity was also passed unanimously with 3 votes in favor, 0 against, and 0 abstentions [2].

江苏龙蟠科技股份有限公司 关于新增外汇套期保值业务的可行性分析报告 一、开展套期保值业务的目的 随着公司海外业务的逐年增长，外币结算日益频繁，为控制汇率风险，降低 汇率波动对公司经营业绩造成的不利影响，公司及下属公司拟开展外汇套期保值 业务。公司以正常生产经营为基础，以具体经营业务为依托，以规避和防范汇率 风险为目的开展相关外汇套期保值业务，不进行投机和套利交易，资金使用安排 合理，不会影响公司主营业务的发展。 本次开展外汇套期保值业务，选择与公司业务背景、经营方式、经营周期等 相适应的外汇交易品种与交易工具，预计可以有效控制汇率波动风险敞口。 二、套期保值业务基本情况 （一）交易品种 公司拟开展的外汇套期保值业务仅与具备业务资质的大型银行等金融机构 进行交易，交易场所包括场内和场外，交易品种为外汇汇率，包括但不限于美元、 欧元、印度尼西亚盾、港币等币种，外汇套期保值工具包括但不限于即期外汇现 货、远期结售汇、远期外汇买卖、外汇掉期、外汇期权、利率掉期及其他外汇衍 生产品或上述产品的组合。 （二）交易金额 公司（含下属子公司）拟使用不超过 5,000 万美元或等值外币的自有资金进 行外汇套期保值业务，缴纳的保 ...

江苏龙蟠科技股份有限公司 外汇套期保值业务管理制度 江苏龙蟠科技股份有限公司 外汇套期保值业务管理制度 第一章 总 则 第一条 为了规范江苏龙蟠科技股份有限公司（以下简称"公司"）外汇套期 保值业务管理，防范和控制外币汇率波动风险，根据相关法律法规规定和《江苏 龙蟠科技股份有限公司章程》及其他有关规定，结合公司实际情况，制定本制度。 第二条 本制度所称外汇套期保值业务主要是指为满足正常生产经营需要， 在金融机构办理的规避和防范汇率风险的外汇套期保值业务，主要包括但不限于 即期外汇、远期结售汇、远期外汇买卖、外汇掉期、外汇期权、利率掉期、利率 期权、货币互换、货币掉期及其他外汇衍生产品等业务或上述产品的组合。 第三条 本制度适用于公司及公司全资子公司、控股子公司、分公司（以下 统称"子公司"）的外汇套期保值业务，子公司进行外汇套期保值业务视同公司 外汇套期保值业务，适用本制度。公司应当按照本制度相关规定，履行相关审议 程序和信息披露义务。未经公司有权决策机构审议通过，公司及子公司不得开展 外汇套期保值业务。 第四条 公司外汇套期保值业务除遵守国家相关法律、法规及规范性文件的 规定外，还应遵守本制度的相关规定，履 ...