Group 1 - The core viewpoint of the article is that CITIC Limited (00267) announced plans to conduct foreign exchange forward settlement and sales to mitigate foreign exchange market risks and prevent adverse impacts from exchange rate fluctuations on its operations [1] - CITIC Special Steel (000708.SZ) and its subsidiaries are expected to engage in foreign exchange forward settlement and sales within 12 months from the approval of this plan [1] - The total annual transaction amount for CITIC Special Steel and its subsidiaries is projected to not exceed USD 130 million and EUR 110 million respectively [1]