12月31日主力资金净流出1.41亿元，占总成交额12.56%；游资资金净流入3523.33万元，占总成交额 3.15%；散户资金净流入1.05亿元，占总成交额9.41%。 公司公告汇总 截至2025年12月31日收盘，通威股份(600438)报收于20.52元，下跌2.33%，换手率1.2%，成交量54.15万 手，成交额11.19亿元。 当日关注点 交易信息汇总资金流向 通威股份有限公司拟于2026年度开展套期保值业务，旨在规避原材料和产成品价格以及利率、汇率波动 对公司生产经营的影响。公司生产所需主要原料包括玉米、豆粕、白银、铜、铝、PVC等，产品涉及多 晶硅等，价格波动较大。公司已在境内及境外合规交易所开展相关业务，建立内部控制制度，明确操作 流程与风险控制措施，配备专业人员，严格遵循不以投机为目的的原则。经分析，该业务有利于降低经 营风险，投资损失可控，具备可行性。 通威股份有限公司计划在2026年1月1日至12月31日期间开展套期保值业务，涉及商品、外汇和利率类衍 生品，主要用于规避原材料和产成品价格波动及汇率、利率风险。商品套期保值合约任一日最高价值不 超过30亿元人民币，外汇套期保值不超过24 ...

Core Viewpoint - The company, Dibai Electric (603320), plans to engage in commodity futures and foreign exchange hedging activities in 2026 to manage risks associated with raw material prices and exchange rate fluctuations [1][2]. Company Announcements - The company will hold its sixth board meeting on December 30, 2025, to approve the hedging proposals for 2026 [1]. - The board has approved the use of self-owned funds for hedging copper and aluminum futures, as well as foreign exchange hedging, to mitigate risks from price and exchange rate volatility [1][4]. - The hedging activities will be limited to production-related commodities, with a maximum margin of 1 million RMB for copper and aluminum, and a maximum contract value of 10 million RMB [2][4]. Risk Management - The company has established a management system for the hedging activities, ensuring that they are not speculative in nature [2][4]. - The maximum margin for foreign exchange hedging will be 100,000 USD, with a maximum contract value of 1 million USD [2][4]. - A dedicated hedging management team will be set up to oversee the activities, with strict risk control measures in place [2][4].

Core Viewpoint - Shandong Steel has announced several key decisions regarding its financial management and operational strategies, including the addition of zinc to its hedging business and the write-off of bad debts, which reflects its proactive approach to risk management and financial health [2][3][4]. Group 1: Company Announcements - Shandong Steel will hold its 20th meeting of the 8th Board of Directors on December 31, 2025, where it will discuss revisions to the related party transaction management measures and the financial write-off of bad debts [2]. - The company plans to expand its commodity hedging business to include zinc, utilizing domestic futures and options, funded by its own capital, with an emphasis on risk control rather than speculation [2][4]. - The company has appointed Xinyong Zhonghe Accounting Firm for the 2025 financial audit, with a change in the signing accountant from Lu Qing to Wang Gongyong, who meets independence requirements and has extensive experience [2]. Group 2: Financial Write-offs - Shandong Steel has written off two accounts receivable totaling 5,429,639.68 yuan, which have been fully provisioned for bad debts [3][4]. - The write-offs include amounts due from Linyi Shuntong Recycling Resources Co., which has had its business license revoked, and from Jinan Steel Group Heze Hardware Factory, which has completed bankruptcy proceedings [3].

Core Viewpoint - Hainan Mining (601969) has seen a significant stock price increase of 14.77% this week, closing at 11.97 yuan, with a total market capitalization of 23.739 billion yuan as of December 26, 2025 [1] Company Announcements Summary - The sixth board meeting of Hainan Mining will be held on December 29, 2025, to review multiple proposals, including a request for a comprehensive credit limit of up to 9.5 billion yuan for 2026 and guarantees for subsidiaries totaling up to 5.8 billion yuan [3] - The company anticipates a total of 648.66 million yuan in daily related transactions for 2026, compared to 429.053 million yuan in 2025, adhering to fair and impartial principles [3] - Hainan Mining plans to engage in foreign exchange derivatives and commodity futures hedging to mitigate price and exchange rate volatility risks, with a maximum margin requirement of 600 million yuan for 2026 [3] - The company will utilize up to 600 million yuan of idle self-owned funds for entrusted wealth management, investing in high credit-rated, secure, and liquid financial instruments [4] - Hainan Mining has decided to grant 3.93615 million restricted stocks to 115 incentive targets at a price of 6.39 yuan per share, with a total of 20.00815 million shares granted under the incentive plan [4]

Core Viewpoint - The company acknowledges that fluctuations in aluminum and copper prices can impact its raw material procurement costs, but it employs hedging strategies to mitigate these effects [2][4]. Group 1: Company Production and Raw Materials - The company primarily uses aluminum and copper as its main raw materials, with copper consumption being relatively smaller compared to aluminum [2][4]. - The significant volatility in aluminum and copper prices can affect the company's raw material procurement costs [2][4]. Group 2: Cost Management Strategies - The company engages in hedging activities to reduce the impact of raw material price fluctuations on its normal production operations [2][4].

徽商期货武汉营业部荣膺"武汉市钢材流通优秀服务商" 12月25日，第三届湖北钢铁供应链大会在武汉圆满落幕，本届大会以"破卷突围，向新而行"为核心主 题，旨在推动钢铁行业产业链共建，深化多维度供应链协同，破解行业内卷难题，构建价值共创的共赢 生态圈，共同探索湖北省钢铁行业高质量发展新路径。会上，徽商期货公司武汉营业部凭借在钢材流通 领域的专业服务和贡献，荣获"武汉市钢材流通优秀服务商"称号。 作为深耕武汉市场的专业期货服务机构，营业部自成立以来，始终聚焦本地钢材企业需求，提供专业的 期货、期权场内外风险管理工具服务，目前已与武汉及周边地区二十余家钢材企业建立了深厚的合作关 系。在钢材市场波动频繁的背景下，通过专业的风险管理方案，帮助钢材企业有效规避价格风险，稳定 生产经营。其专业团队为多家企业量身定制了套期保值方案，帮助企业实现风险管理体系搭建，提升企 业经营稳定性，助力企业从现货贸易商向产业链价值整合者成功转型。 （图/文：张凯锋） 新浪合作大平台期货开户 安全快捷有保障 责任编辑：戴明 SF006 徽商期货武汉营业部荣膺"武汉市钢材流通优秀服务商" 12月25日，第三届湖北钢铁供应链大会在武汉圆满落幕，本届 ...

Core Viewpoint - Zhejiang Dibai Electric Co., Ltd. plans to conduct commodity futures and foreign exchange hedging business for the year 2026 to mitigate risks associated with price fluctuations of raw materials and exchange rate changes [2][4][19]. Group 1: Commodity Futures Hedging - The company aims to reduce the impact of price volatility of copper and aluminum, which are key raw materials, by utilizing futures contracts for hedging [4][19]. - The maximum amount of margin and premiums for copper and aluminum futures hedging is set at 10 million RMB, with a maximum contract value of 100 million RMB on any trading day [5]. - The funding for this hedging will come from the company's own funds, and the trading will be conducted on the Shanghai Futures Exchange [6][10]. Group 2: Foreign Exchange Hedging - The purpose of the foreign exchange hedging is to minimize the risks arising from exchange rate fluctuations between the RMB and foreign currencies like USD and EUR, which can affect the company's export business [9][19]. - The maximum amount of margin and premiums for foreign exchange hedging is capped at 1 million USD, with a maximum contract value of 10 million USD on any trading day [9]. - Similar to commodity hedging, the funding will also be sourced from the company's own funds, and the transactions will involve reputable financial institutions [11][10]. Group 3: Approval Process - The board of directors approved the hedging proposal during the third meeting of the sixth board on December 30, 2025, and it does not require shareholder approval [2][13]. - The decision was made with unanimous support from all attending directors, indicating strong internal consensus on the hedging strategy [24]. Group 4: Risk Management - The company has established a risk management framework to address potential risks associated with both commodity and foreign exchange hedging, including price volatility, internal control risks, and legal risks [14][17]. - A dedicated hedging management team has been set up to oversee the hedging activities, ensuring compliance with internal policies and effective risk monitoring [16][18]. Group 5: Impact on Operations - The hedging activities are aligned with the company's operational needs and are expected to enhance its risk management capabilities without adversely affecting its core business [19][20].

Group 1 - The core point of the news is that Tongwei Co., Ltd. plans to conduct hedging activities in 2026 to mitigate risks associated with raw material and product price fluctuations, as well as interest and exchange rate volatility [1][2][3] - On December 30, 2025, Tongwei's stock closed at 21.01 yuan, down 2.32%, with a turnover rate of 1.43% and a trading volume of 642,800 lots, amounting to a total transaction value of 1.354 billion yuan [1] - On the same day, the net outflow of main funds was 66.7736 million yuan, accounting for 4.93% of the total transaction value, while retail investors saw a net inflow of 43.8711 million yuan, representing 3.24% of the total transaction value [1][3] Group 2 - The planned hedging activities will involve commodity, foreign exchange, and interest rate derivatives, with a maximum value of 3 billion yuan for commodity contracts, 2.4 billion USD for foreign exchange, and 400 million USD for interest rate hedging on any given day [2][3] - The funding for these hedging activities will come from the company's own funds and credit from financial institutions, and the board of directors has approved this plan without requiring shareholder meeting approval [2]

截至2025年12月30日收盘，通威股份（600438）报收于21.01元，较前一交易日下跌2.32%，最新总市值 为945.87亿元。该股当日开盘21.29元，最高21.44元，最低20.95元，成交额达13.54亿元，换手率为 1.43%。 近日，通威股份有限公司发布公告称，公司计划在2026年1月1日至12月31日期间开展套期保值业务，涉 及商品、外汇和利率类衍生品，主要用于规避原材料和产成品价格波动及汇率、利率风险。根据公告， 商品套期保值合约任一日最高价值不超过30亿元人民币，外汇套期保值不超过24亿美元，利率套期保值 不超过4亿美元。资金来源为自有资金及金融机构授信。该事项已获董事会审议通过，无需提交股东大 会审议。公司强调不以投机为目的，已制定风险控制措施应对市场、信用、操作等风险。 最新公告列表 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 《通威股份有限公司关于2026年度开展套期保值业务的可行性分析报告》 《通威股份有限公司关于2026年度开展套期保值业务的公告》 ...

证券日报网讯 12月30日，云南铜业在互动平台回答投资者提问时表示，公司2025年第三季度实现归母 净利润2.35亿元，季度业绩的波动主要受铜冶炼加工费（TC/RC）持续处于历史低位等行业性因素影 响。公司开展套期保值业务是为了规避和防范原料、主产品价格以及外汇汇率波动带来的经营风险，其 效果需要将期货端与现货端的损益结合看待。从近年整体情况评估，公司的套期保值业务基本实现了风 险管控、稳健经营的预期目标。 （文章来源：证券日报） ...