格隆汇1月9日｜宏创控股公告称，公司于2025年12月31日完成重大资产重组，宏拓实业成为其全资子公 司。为匹配业务规模及套期保值需求，拟增加商品衍生品业务额度。投入保证金由不超7000.00万元增 至不超7.00亿元，最高合约价值由不超5.00亿元增至不超73.00亿元，可循环使用。资金来源为自有资 金。授权期限至2026年12月31日。业务品种限于铝锭和氧化铝等，交易场所为场内或场外。开展该业务 有市场、流动性等风险，公司将采取相应风控措施。 ...

Core Viewpoint - The company, Hongchuang Holdings, is undergoing significant governance changes and is planning to engage in commodity derivatives and foreign exchange hedging to mitigate operational risks associated with aluminum price fluctuations and foreign exchange market volatility [3][4][5]. Trading Information Summary - On November 12, 2025, Hongchuang Holdings closed at 22.99 yuan, up 5.07%, with a turnover rate of 2.16%, trading volume of 244,900 lots, and a transaction value of 556 million yuan [1]. - The net inflow of main funds was 13.13 million yuan, while retail investors saw a net inflow of 15.18 million yuan, indicating positive sentiment among smaller investors [2][6]. Company Announcement Summary - The company held its sixth temporary board meeting on November 11, 2025, where several key proposals were approved, including the revision of internal governance and the initiation of commodity derivatives and foreign exchange hedging businesses [3][4]. - A temporary shareholders' meeting is scheduled for November 28, 2025, to review multiple proposals, including the cancellation of the supervisory board, which will be replaced by the audit committee of the board of directors [4][6]. - The company plans to engage in commodity derivatives trading with a maximum margin of 70 million yuan and a maximum contract value of 500 million yuan, using its own funds [5].

Group 1 - The company held its sixth temporary board meeting on November 11, 2025, with all seven directors present, and the meeting complied with relevant laws and regulations [2][4]. - The board approved the amendment of the company's articles of association, which requires further approval from the shareholders' meeting [5][6]. - The board also approved the proposal for the company and its subsidiaries to engage in commodity derivatives business, with a maximum investment of CNY 70 million and a maximum contract value of CNY 500 million [27][29]. Group 2 - The company plans to conduct foreign exchange hedging business, primarily using USD for export transactions, with a maximum holding amount of CNY 80 million or equivalent foreign currency [44][45]. - The board's decision on the foreign exchange hedging business also requires approval from the shareholders' meeting [48]. - The company aims to mitigate exchange rate risks through this hedging strategy, which is essential for stable operations [43][44]. Group 3 - The company will hold its second temporary shareholders' meeting on November 28, 2025, to review the proposals approved by the board [55][56]. - The meeting will allow shareholders to vote on the proposals, including the amendments to the articles of association and the derivatives business [63][64]. - The company has established a process for shareholders to participate in the meeting both in person and through online voting [67][68].