Group 1 - The core viewpoint of the article highlights that the company, Oujiahua, has a significant portion of its revenue derived from overseas sales, accounting for approximately 65% of total operating income [2] - The company has established an effective foreign exchange risk management mechanism to mitigate the impact of currency fluctuations, particularly in light of the recent appreciation of the Renminbi [2] - Oujiahua utilizes financial instruments such as foreign exchange hedging to lock in costs and maintain stable operations amidst exchange rate volatility [2]

Core Viewpoint - The company has implemented a comprehensive risk management strategy to address foreign exchange fluctuations and ensure financial stability [2] Group 1: Risk Management Measures - The company capitalizes borrowing costs related to exchange rate changes and recognizes the remaining foreign exchange differences in the current profit and loss [2] - The company optimizes fund allocation through market analysis and timing selection to mitigate the impact of immediate exchange rate fluctuations [2] - The company employs financial instruments such as foreign exchange hedging to lock in future exchange rates, ensuring financial robustness [2] - The company diversifies international currency settlements to spread the risk associated with a single currency's exchange rate [2] - The company continuously improves its internal foreign exchange risk management system to enhance overall risk identification and response capabilities, ensuring financial health [2]

（注：此文属于央广网登载的商业信息，文章内容不代表本网观点，仅供参考。） 该企业从事跨境商品采购与分销，日常结算涉及多币种收付，受汇率波动影响较大。针对其"外币付 款、人民币回款"的典型资金结构，甘肃省分行主动对接、量身设计远期售汇方案，帮助企业提前锁定 购汇成本，有效规避汇率波动带来的利润侵蚀风险，增强其在国际市场中的议价能力和经营稳定性。 近年来，甘肃省分行始终聚焦服务高水平对外开放，持续加强对外贸流通企业的金融支持。下一步，分 行将继续深化银企合作，优化避险服务，为全省外贸高质量发展注入更强政策性金融动能。（来源：进 出口银行甘肃省分行） 近日，中国进出口银行甘肃省分行在深入兰州新区综合保税区开展汇率风险中性宣讲和精准营销的基础 上，成功为区内一家从事国际贸易的企业办理远期售汇业务。这是该企业首次运用金融工具管理汇率风 险，标志着其在提升财务稳健性和国际化经营能力方面迈出关键一步。 ...

Group 1: Domestic Business Outlook - The company aims to maintain steady growth in its domestic business for the upcoming year [2] - Current domestic capacity utilization has significant room for improvement, with plans to relocate some equipment overseas and lease out vacant factory space to enhance asset utilization [2][3] Group 2: Overseas Operations - The company operates six factories in Vietnam, Thailand, Malaysia, and Mexico, all of which still have available capacity [3] - The company has a competitive advantage due to its early entry into overseas markets, along with strengths in product development, service, and multi-regional layout [4] Group 3: Profitability and Cost Management - The company has developed higher value-added clients and reduced low-margin orders, aiming to maintain profit margins at current levels despite growth in overseas business [5] - Raw materials are primarily sourced locally, and the company negotiates product prices with clients during significant raw material price fluctuations [5] Group 4: Currency and Risk Management - Currency fluctuations have had a notable impact on the company's Q3 performance, with ongoing monitoring and potential hedging strategies being considered to mitigate risks [5] - The company holds a certain amount of foreign currency and engages in discussions with banks to manage exchange rate impacts effectively [5] Group 5: Human Resources and Incentives - Management and technical personnel are mainly expatriates, while production line workers are primarily recruited locally, with ongoing training for local management [6] - Currently, the company relies on cash incentives for talent retention and does not have a stock incentive plan in place [6] Group 6: Dividend Policy - Cash dividends are emphasized as a key method for returning value to shareholders, with future dividend amounts and ratios to be determined based on operational performance and capital expenditures [6]

全球资金收付，常伴随着数日甚至数周的账期。每天波动的汇率，让成本测算变成"猜谜游戏"。 提前换汇？现金流被闲置占压，影响其他业务投入。 观望等待？行情难料，倘若兑换价格不佳，将眼看利润被吞噬。 1、三大优势，掌控汇率"确定性" 更长预约周期 预约当前心仪汇率，规避未来波动风险。支持设定未来30天内任意日期进行交割结算。 八大币种任意组合预约兑换：USD|HKD|JPY|AUD|CAD|EUR|GBP|CNH 2、两步搞定预约换汇 STEP1: 发起预约 登录PhotonPay光子易账户，点击【换汇】-【新建换汇】，进入操作页面。输入计划换汇金额，选 择币种对、交割日期。 少量预付金 无需全额占用现金流，仅需预付5%保证金，即可锁定目标汇率。 *履约日当天日终需确保余额充足，否则将自动取消。 多元币种，自由配对 STEP2: 确认兑换信息 确认预约兑换信息，点击【提交】，履约日系统将自动执行。 除了预约换汇，PhotonPay光子易还提供： • 365天，7×24小时实时换汇服务 • 询价、下单、交割一体化体验 • 支持10+主流货币即时交易 • AI汇兑引擎智能报价，提供具竞争力的价格 3、更多汇率产品选择 ...

Core Viewpoint - The company is addressing concerns regarding the impact of currency exchange rate fluctuations, particularly the depreciation of the RMB against the USD, on its profitability due to its high export volume to the United States [1] Group 1: Currency Exchange Impact - The company exports 92% of its products to the United States, making it vulnerable to exchange rate fluctuations [1] - The depreciation of the RMB against the USD has significantly affected the net profit due to the difference between product pricing at the time of contract signing and the delivery settlement [1] Group 2: Risk Mitigation Strategies - The company is closely monitoring USD exchange rate trends and has implemented measures such as forward foreign exchange contracts to mitigate risks associated with currency fluctuations [1] - The company is also managing its funding arrangements in multiple currencies based on operational needs to further safeguard against exchange rate volatility [1]

Core Viewpoint - The company acknowledges that exchange rate fluctuations can impact its foreign exchange gains and losses, and it emphasizes the importance of managing investment risks [1] Group 1: Company Strategy - The company focuses on its core business and strictly implements foreign exchange risk management policies and procedures [1] - It aims to reduce overall foreign exchange risk exposure by adjusting settlement currencies and settlement periods [1] - The company plans to use forward foreign exchange contracts or purchase forward foreign exchange options to lock in future exchange rates for receivables, thereby mitigating risks [1]

Core Insights - The Bank of China Suzhou Branch has played a crucial role in supporting regional foreign trade by leveraging its global advantages and optimizing financial services, contributing over 140 billion yuan in financing for import and export enterprises from January to October this year [1] Group 1: Credit Support and Financial Innovation - The Suzhou Branch has intensified its "Stabilizing Foreign Trade Special Visits" initiative, effectively addressing diverse financial needs of enterprises and continuously innovating financing products and services [2] - A manufacturing company in Suzhou received 100 million yuan in financing support for its overseas factory's raw material procurement through a customized cross-border RMB trade financing solution [2] - The "BOC Cross-Border E-Commerce Exclusive Loan" product was launched to assist small and micro enterprises in cross-border e-commerce, offering credit limits up to 30 million yuan and special interest rate discounts [2] Group 2: Risk Management and Service Enhancement - The Suzhou Branch has issued over 4.2 billion yuan in foreign-related guarantees to support enterprises in bidding for international projects, covering 61 countries and regions involved in the Belt and Road Initiative [3] - The bank has established multiple "Exchange Rate Risk Neutral Demonstration Outlets" to provide tailored hedging products, enhancing foreign trade enterprises' risk management capabilities [3] - The branch has processed cross-border RMB transactions exceeding 190 billion yuan and international settlement business for Belt and Road countries amounting to nearly 18 billion US dollars [4] Group 3: Support for Trade Stability - The bank has implemented a detailed action plan to stabilize foreign trade, serving nearly 600 high-quality enterprises involved in cross-border trade, ranking first among regional peers [6] - The Suzhou Branch has facilitated over 200,000 cross-border online product transactions, amounting to more than 22 billion US dollars from January to October [6] - The bank has organized various events to enhance trade connections, including cross-border e-commerce development forums and policy briefings for enterprises [7]

证券日报网讯美盈森（002303）11月14日发布公告，在公司回答调研者提问时表示，海外业务主要以收 美元为主。公司密切关注汇率波动情况，并根据公司外币业务收入占比及币种等实际情况，与银行充分 沟通及开展结汇，尽可能降低汇率波动对公司的影响。同时，公司也加大了对外币业务收入占比增加带 来的汇兑损益波动应对措施的研究力度，不排除后期做一些风险对冲工作的可能性。 ...

Core Viewpoint - The company held a Q3 2025 earnings presentation on November 13, 2025, to address investor concerns and discuss its performance and market strategies [2][3]. Group 1: Market Competition - The domestic cleanroom engineering market is experiencing intensified competition, prompting the company to focus on high-tech, high-value large cleanroom and electromechanical projects while leveraging AI for management efficiency [3][4]. - In overseas markets, particularly Singapore, the company maintains a competitive edge through its technical advantages in semiconductor cleanroom projects and a robust global supply chain [4][6]. Group 2: Financial Management - The company emphasizes strict management of accounts receivable, utilizing an electronic funds management platform to monitor project progress and payment statuses [5]. - The increase in accounts receivable at the end of Q3 is attributed to project settlement cycles, and the company is committed to enhancing management to ensure financial safety and efficiency [5][6]. Group 3: Business Development - The company is focused on expanding its cleanroom engineering services for the IC semiconductor industry, particularly in response to increased capital expenditures from downstream clients [6][7]. - The company is currently concentrating its overseas business in Southeast Asia, especially Singapore, while evaluating potential expansion into Japan, Europe, and North America based on its technological and managerial capabilities [6][7]. Group 4: Shareholder Engagement - The company is committed to a stable and reasonable dividend policy for 2025, considering factors such as operating performance and financial status [6][7]. - The management expresses gratitude for shareholder suggestions regarding employee stock incentives and acknowledges the importance of shareholder feedback for long-term development [7][8].