Core Viewpoint - Xiamen Wanli Stone Co., Ltd. announced plans to conduct foreign exchange hedging to mitigate foreign exchange market risks and reduce exchange losses [1][2]. Summary by Relevant Sections Business Overview - Purpose of Transactions: The company aims to conduct foreign exchange hedging to lower the impact of exchange rate fluctuations on its operations and minimize exchange losses [1]. - Transaction Amount: The company and its subsidiaries plan to engage in transactions not exceeding $10 million or equivalent in other currencies, with the ability to roll over the amount within the approved limit [1]. - Types of Transactions: The hedging activities will include, but are not limited to, forward foreign exchange contracts, foreign exchange swaps, foreign exchange options, and interest rate swaps, focusing on actual foreign exchange risk hedging without speculative trading [1]. - Authorization and Duration: The board of directors has authorized the management to approve daily business plans and sign relevant contracts, with the finance department responsible for daily execution. The business limit is effective for 12 months from the board's approval [1]. - Funding Sources: The funding will come from the company's own funds or a certain proportion of bank credit, without involving raised funds [1]. Review Procedure - Approval Process: The proposal for foreign exchange hedging was approved at the 23rd meeting of the fifth board of directors on August 22, 2025. This business does not constitute a related party transaction and does not require shareholder meeting approval [2]. Risk Analysis - Exchange Rate Risk: Significant fluctuations in foreign exchange rates may lead to discrepancies between locked-in rates and actual rates at the time of foreign exchange payments, resulting in exchange losses [2]. - Internal Control Risk: The complexity and professional nature of the operations may lead to operational risks due to inadequate internal controls or personnel expertise [2]. - Payment Forecast Risk: Variations in customer or supplier orders may lead to inaccuracies in payment forecasts, resulting in exchange rate risks [2]. Risk Control Measures - The company has established a foreign exchange hedging management system outlining basic principles and approval authority. The finance department will manage the operations, with internal audits conducted quarterly or as needed [2]. - The hedging activities will strictly align with actual import and export operations, ensuring that the foreign currency amounts do not exceed the forecasted import and export volumes [2]. - The company will account for the foreign exchange hedging activities according to relevant accounting standards [2].

Core Viewpoint - Jingrui Electronic Materials Co., Ltd. has approved a proposal to engage in foreign exchange derivative trading to mitigate risks associated with currency fluctuations [1][4]. Group 1: Trading Basic Information - The company and its subsidiaries are involved in foreign currency settlements for raw material imports and product exports, primarily in USD, JPY, and HKD [2]. - The maximum contract value held on any trading day is expected to not exceed $6.5 million, with a maximum margin and premium limit of $650,000 [2]. - The trading period is set for 12 months following the board's approval, with the ability to roll over the usage of the limit [2]. - The trading will involve various instruments, including forward foreign exchange contracts, swaps, options, and interest rate derivatives [2]. Group 2: Risk Analysis and Control - The company acknowledges several risks associated with foreign exchange derivative trading, including market risk, liquidity risk, credit risk, policy risk, operational risk, and forecasting risk [3]. - To mitigate these risks, the company has implemented strict management protocols, including prohibiting speculative trading, collaborating with qualified financial institutions, and continuous monitoring of price changes [4]. - The board and supervisory committee have approved the trading activities, emphasizing that they align with the company's operational needs and do not harm shareholder interests [4].

Core Viewpoint - The company intends to conduct foreign exchange hedging activities to mitigate foreign exchange market risks and protect its operating performance from significant currency fluctuations [2][3][6]. Business Overview - The company has a high proportion of export business, with a significant portion settled in RMB and some in USD. The hedging activities will involve a maximum of 80 million RMB or equivalent foreign currency, with a margin not exceeding 6 million RMB or equivalent foreign currency [2][3]. - The hedging transactions will include forward foreign exchange settlements and foreign exchange swaps, with a focus on risk management rather than speculative trading [2][4]. Approval Process - The foreign exchange hedging business was approved during the company's board and supervisory meetings on August 22, 2025, and does not constitute a related party transaction [3][6]. Risk Analysis - The company acknowledges potential risks associated with exchange rate fluctuations, internal control weaknesses, counterparty selection, and legal compliance. However, it emphasizes that all counterparties will be reputable financial institutions, minimizing performance risk [3][4]. Risk Control Measures - The company has established a management system for foreign exchange hedging, outlining operational principles and approval authority, ensuring adherence to hedging principles and monitoring business processes [4]. Accounting Principles - The company will account for and disclose foreign exchange hedging activities in accordance with relevant accounting standards and guidelines [5]. Feasibility Analysis Conclusion - The high export business ratio justifies the need for foreign exchange hedging to reduce expected risks and foreign exchange losses, aligning with the company's prudent operational requirements. The supervisory board supports the decision, confirming that it does not harm shareholder interests [6].

Core Viewpoint - Jiahe Food Industrial Co., Ltd. has announced an adjustment to its foreign exchange hedging business limits to address the increasing foreign exchange receipts from its overseas operations [1][2]. Adjustment Background and Review Process - The adjustment is necessitated by the growing foreign exchange receipts due to the company's expanding overseas business, which has rendered the existing hedging limits insufficient for daily operational needs [2]. - The board of directors convened on April 24, 2025, to review and approve the relevant proposals for the foreign exchange hedging business [2]. - On August 21, 2025, the board held a subsequent meeting to approve the adjustment of the hedging limits and the feasibility analysis report, allowing the company and its subsidiaries to adjust the hedging limits based on actual operational needs [2]. Post-Adjustment Business Situation - The trading methods and venues include forward foreign exchange contracts, foreign exchange options, foreign exchange swaps, and foreign exchange mutual swaps, with transactions conducted through qualified financial institutions [3]. - The maximum contract value held on any trading day will not exceed 50 million USD (or equivalent foreign currency), with a maximum margin and premium of 3.5 million USD (or equivalent foreign currency) [3]. - The funding for these transactions will come from the company's own funds, and the authorization for these activities is valid until April 23, 2026 [3]. Risk and Control Measures - The company has established a management system for financial derivatives trading to mitigate risks, including market risk, operational risk, and bank default risk [4]. - Transactions will only be conducted with qualified financial institutions, and operations will be based on foreign exchange income and expenditure budgets, with regular audits by the internal audit department [4]. Impact on the Company - Engaging in foreign exchange hedging will enhance the company's ability to manage foreign exchange volatility risks, protecting profits and shareholder equity from adverse impacts [5]. - The company will adhere to relevant accounting standards for accounting and disclosure related to these hedging activities [5].

Group 1 - The board of directors of Lianyun Technology (Hangzhou) Co., Ltd. held its second meeting on August 22, 2025, with all seven directors present, complying with legal and regulatory requirements [1][2] - The board approved the "2025 Semi-Annual Report" and its summary, confirming that the report accurately reflects the company's financial status and operational results for the first half of 2025 [1][2] - The board also approved a special report on the storage, management, and actual use of raised funds for the first half of 2025, affirming compliance with relevant regulations and proper use of funds [2][4] Group 2 - The board agreed to establish a "Foreign Exchange Hedging Business Management System" to regulate foreign exchange hedging activities and mitigate currency and interest rate risks [3][4] - All resolutions were passed unanimously with seven votes in favor, indicating strong board consensus on the matters discussed [2][4]

Core Viewpoint - The company aims to mitigate foreign exchange market risks and reduce the adverse impact of exchange rate fluctuations on its operating performance by engaging in foreign exchange hedging activities [1][3]. Summary by Sections Transaction Overview - The total amount for the foreign exchange hedging business is not to exceed 50 million RMB or its equivalent in foreign currency, with the capacity for rolling use within the effective period [1][3]. - The funding for the hedging activities will come from the company's own funds [1]. - The primary currencies involved in the transactions will include Japanese Yen and US Dollar [1][3]. - The types of transactions will include, but are not limited to, forward foreign exchange settlements, foreign exchange swaps, foreign exchange options, and other foreign exchange derivatives [1][3]. - The transactions will take place in domestic trading venues approved by regulatory authorities [1][3]. Authorization and Validity - The board of directors has authorized the general manager or their designated agent to implement the foreign exchange hedging activities and sign relevant documents within the specified limits and duration [2]. - The approval for these activities is valid for one year from the date of the board meeting [2]. Risk Analysis and Control Measures - The company will adhere to principles of legality, prudence, safety, and effectiveness in its hedging activities, avoiding speculative or arbitrage transactions [4]. - Risks associated with hedging include opportunity costs from locking in exchange rates and potential inability to fulfill contracts at maturity due to uncontrollable risks [4]. - The company has established internal management systems to clearly define approval authority, operational processes, and risk control measures for foreign exchange hedging [4]. Impact on the Company - Engaging in foreign exchange hedging is expected to enhance the liquidity and safety of the company's funds while reducing operational risks associated with exchange rate fluctuations [4].

Group 1 - The company aims to conduct foreign exchange hedging to mitigate foreign exchange market risks and reduce the adverse impact of exchange rate fluctuations on its operating performance [1][2] - The total amount for the foreign exchange hedging business is proposed to be no more than 50 million RMB or its equivalent in foreign currency, with the ability to roll over this amount during its validity period [1][2] - The funding for the hedging activities will come from the company's own funds, and the main currencies involved will include Japanese Yen and US Dollar [1][2] Group 2 - The company recognizes that while hedging can lock in exchange rate risks, it may also lead to opportunity costs if the exchange rates move favorably [2] - The company has established a management system for foreign exchange hedging, which includes clear regulations on approval authority, operational processes, and risk control measures [2][4] - The hedging activities are expected to enhance the liquidity and safety of the company's funds, aligning with its normal business operations [2][3] Group 3 - The necessity and feasibility of conducting foreign exchange hedging are supported by the company's adherence to relevant laws and regulations, as well as the implementation of internal controls and risk prevention measures [4]

Core Viewpoint - The document outlines the foreign exchange hedging management system of Qingdao Richen Food Co., Ltd., emphasizing the importance of risk management and compliance with relevant laws and regulations [1][2]. Summary by Sections General Principles - The system aims to strengthen the management of foreign exchange hedging, standardize related operations, and prevent risks associated with exchange rate fluctuations [1]. - The policy applies to the company and its subsidiaries, requiring approval for any hedging operations [1]. Operational Principles - The company is prohibited from engaging in speculative foreign exchange trading; all hedging activities must be based on actual business needs [2]. - Transactions must be conducted through qualified financial institutions approved by the State Administration of Foreign Exchange and the People's Bank of China [2]. - The company must have sufficient own funds for hedging activities and adhere to approved trading limits [2]. Approval Authority - Any foreign exchange hedging activities require a feasibility analysis report to be submitted for board approval, and certain conditions necessitate shareholder approval [4]. - Specific thresholds for transaction guarantees and contract values are set, including a cap of 50% of the latest audited net profit for certain transactions [4]. Internal Operating Procedures - The finance department is responsible for the execution and management of hedging activities, including risk management and documentation [6][7]. - A detailed internal process is established for forecasting foreign currency receipts and payments, analyzing market conditions, and executing approved hedging plans [7]. Confidentiality - All personnel involved in hedging activities must maintain confidentiality regarding the company's hedging strategies and financial information [8]. Internal Risk Reporting and Management - The finance department must ensure timely settlement with financial institutions based on actual foreign exchange inflows and outflows [8]. - In case of significant exchange rate fluctuations, the finance department must analyze the situation and report to the general manager for further instructions [8]. Information Disclosure - The company is required to disclose information regarding its foreign exchange hedging activities in accordance with regulations from the China Securities Regulatory Commission and the Shanghai Stock Exchange [9]. - Any significant risks associated with hedging activities must be disclosed promptly if they meet regulatory standards [9]. Definitions and Additional Provisions - The document includes definitions for various hedging instruments such as forward foreign exchange contracts, foreign exchange swaps, and currency swaps [9]. - The policy is subject to revisions based on future legal and regulatory changes [9].

Group 1 - The board of directors of Zhejiang Shun'an Artificial Environment Co., Ltd. held its third meeting of the ninth session on August 21, 2025, with all nine directors present and voting [1][2] - The meeting was legally convened in accordance with the Company Law and the company's articles of association [1] - The board approved the 2025 semi-annual report and its summary, with a unanimous vote of 9 in favor [2] Group 2 - The board approved a proposal to conduct commodity futures hedging business, supported by a feasibility analysis report [2][3] - A proposal for foreign exchange hedging business was also approved, with a similar feasibility analysis provided [3] - The board reviewed a risk continuous assessment report related to Zhuhai Gree Group Financial Co., Ltd., with non-related directors voting 5 in favor [4]

证券代码：603755 证券简称：日辰股份 公告编号：2025-033 青岛日辰食品股份有限公司 第四届董事会第五次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、董事会会议召开情况 青岛日辰食品股份有限公司（以下简称"公司"）第四届董事会第五次会议 于 2025 年 8 月 22 日上午 11：00 在公司二楼会议室以现场和通讯相结合方式召 开。本次会议通知和会议材料已于 2025 年 8 月 12 日通过电子邮件发送至全体董 事。本次会议由公司董事长张华君先生召集并主持，应出席董事 8 名，实际出席 董事 8 名（其中委托出席董事 0 人，以通讯表决方式出席董事 3 人）；公司高级 管理人员列席了本次会议。本次会议的召集、召开程序符合《中华人民共和国公 司法》（以下简称《公司法》）及《青岛日辰食品股份有限公司章程》（以下简 称《公司章程》）的有关规定。 二、董事会会议审议情况 与会董事审议并形成如下决议： （一）审议并通过了《关于公司 2025 年半年度报告全文及摘要的议案》 根据相关规定，公司编制了 2 ...