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].

Meeting Overview - The second meeting of the board of directors of Jiangsu Weidao Nano Technology Co., Ltd. was held on August 28, 2025, with all six directors present, ensuring compliance with relevant laws and regulations [1]. Financial Reporting - The board approved the 2025 semi-annual report and its summary, confirming the content's authenticity and completeness, which will be disclosed in designated media [2]. - The semi-annual report was not audited by an accounting firm [2]. Action Plans and Evaluations - The board approved the semi-annual evaluation report of the 2025 quality improvement and efficiency enhancement action plan, reflecting the implementation of specific measures in the first half of 2025 [3]. - The board also approved a special report on the storage and actual use of raised funds for the first half of 2025, ensuring compliance with relevant regulations [3]. Fund Management Adjustments - The board approved an adjustment to the amount of funds to be invested in the convertible bond fundraising projects, ensuring the smooth implementation of these projects without affecting the normal use of raised funds [4]. - A proposal to use up to RMB 800 million of temporarily idle raised funds for cash management was approved, allowing for investment in safe and liquid financial products [5]. Risk Management - The board approved the establishment of a foreign exchange hedging management system to enhance the company's ability to manage foreign exchange risks [6]. - A proposal to engage in foreign exchange hedging activities with banks and financial institutions was approved, with a maximum transaction amount of RMB 300 million or equivalent [7].

Core Points - The article outlines the foreign exchange hedging management system of Jiangsu Zhenjiang New Energy Equipment Co., Ltd, aimed at regulating hedging activities and mitigating risks associated with foreign exchange rate fluctuations [2][3][4] Summary by Sections General Principles - The system is applicable to the company and its subsidiaries, ensuring compliance with relevant laws and regulations while safeguarding company assets [2] - Foreign exchange hedging activities must be based on actual business needs and should not be conducted for speculative purposes [2][3] Operational Principles - The company is required to establish its own trading accounts for hedging and can only transact with qualified financial institutions approved by the State Administration of Foreign Exchange and the People's Bank of China [3] - Hedging transactions must align with the company's foreign currency receivables and payables forecasts, ensuring that the amounts do not exceed these forecasts [3][4] Approval Authority - The board of directors or shareholders' meeting determines the hedging limits, with specific approval processes based on the transaction amounts relative to the company's audited net assets [4][5] Internal Procedures - The finance department is responsible for feasibility analysis, planning, and execution of hedging transactions, while the audit department oversees compliance and performance [6][7] - Regular reporting and monitoring of hedging activities are mandated to ensure transparency and risk management [7][8] Confidentiality - All personnel involved in hedging activities must adhere to confidentiality obligations regarding the company's hedging strategies and financial information [13] Risk Reporting and Management - Significant market fluctuations or risks that could impact the company's financial performance must be reported immediately to management and the board [15][16] - The finance department is tasked with monitoring market conditions and making timely decisions to minimize potential losses [16] Information Disclosure - The company is required to disclose information regarding its hedging activities in accordance with regulations set by the China Securities Regulatory Commission and the Shanghai Stock Exchange [18][19]

Meeting Overview - The second meeting of the second supervisory board of Jiangsu Weidao Nano Technology Co., Ltd. was held on August 28, 2025, with all three supervisors present, ensuring compliance with relevant laws and regulations [1][2]. Financial Reporting - The supervisory board approved the 2025 semi-annual report and its summary, confirming that the report accurately reflects the company's operational management and financial status for the first half of 2025 [2][3]. Fund Management - The board reviewed and approved a special report on the storage and actual use of raised funds for the first half of 2025, confirming compliance with relevant regulations and that the funds were stored and used appropriately [3][5]. - The board also approved an adjustment to the amount of raised funds allocated to investment projects, ensuring that this adjustment does not adversely affect the normal use of the funds or the interests of shareholders [5][6]. Cash Management - The company plans to use up to RMB 800 million of temporarily idle raised funds for cash management, investing in safe and liquid financial products while ensuring that this does not conflict with the investment plans [6][7]. Foreign Exchange Risk Management - The supervisory board approved the establishment of a foreign exchange hedging management system to mitigate foreign exchange market risks and authorized the company to engage in foreign exchange hedging activities with a maximum transaction amount of RMB 300 million or equivalent [7].

Core Viewpoint - The company, Shenzhen Ugreen Technology Co., Ltd., is planning to conduct foreign exchange hedging activities to mitigate risks associated with currency fluctuations due to its expanding overseas business [1][6]. Group 1: Purpose of Foreign Exchange Hedging - The primary objective of the foreign exchange hedging business is to effectively avoid foreign exchange market risks and enhance the company's ability to respond to currency fluctuations, thereby protecting the interests of the company and its shareholders [1][2]. Group 2: Basic Information on Foreign Exchange Hedging - The total amount for the foreign exchange hedging activities is not to exceed 190 million RMB (or equivalent foreign currency) [1][2]. - The hedging will involve various currencies, including but not limited to USD and EUR, and will utilize methods such as forward foreign exchange contracts and currency swaps [2]. - The authorization period for this hedging activity is valid for 12 months from the date of board approval, with the possibility of rolling over funds within the approved limits [2][3]. - The funding for these activities will come from the company's own funds, without involving raised funds or bank credit [2]. Group 3: Risk Analysis - The company acknowledges potential risks associated with foreign exchange hedging, including exchange rate volatility, internal control risks, and counterparty default risks [3][4]. - The company will not engage in speculative trading and will base all hedging activities on normal business operations [4]. Group 4: Risk Control Measures - The company will enhance its research and analysis of exchange rates and adjust its operational strategies accordingly [4]. - A financial derivatives trading management system has been established to regulate hedging operations and ensure compliance with internal procedures [4]. - The finance department will manage all foreign exchange hedging activities, ensuring they are grounded in actual business needs [4]. - The audit department will conduct regular reviews of the hedging operations and report findings to the board's audit committee [4]. Group 5: Accounting Policies - The company will follow relevant accounting standards for financial instruments and hedge accounting to process the foreign exchange hedging activities [5]. Group 6: Review Procedures and Opinions - The board of directors and the supervisory board have both approved the foreign exchange hedging activities, confirming their alignment with the company's operational needs and shareholder interests [6].