Core Viewpoint - The document outlines the management system for foreign exchange derivative trading at Hanbo High-tech Materials (Hefei) Co., Ltd, emphasizing the need for risk prevention, compliance with regulations, and safeguarding company assets [1][2]. Group 1: Definition and Scope - Foreign exchange derivative business includes various transactions aimed at hedging against exchange rate risks, such as forward contracts, options, futures, and swaps [2]. - The system applies to all subsidiaries of the company, prohibiting subsidiaries from engaging in derivative trading without company approval [2]. Group 2: Operational Principles - The company must conduct foreign exchange derivative trading legally, prudently, and effectively, focusing on risk mitigation related to exchange and interest rates [3]. - Transactions are only permitted with qualified financial institutions approved by the State Administration of Foreign Exchange and the People's Bank of China [3][4]. Group 3: Approval Authority - The company's shareholders' meeting and board of directors serve as the decision-making bodies for foreign exchange derivative trading, requiring approval for any trading activities [4][5]. - Subsidiary management does not have final approval authority for derivative trading; all transactions must be reported for unified approval [5]. Group 4: Internal Procedures - The finance department is responsible for managing foreign exchange derivative trading, including planning, funding, and daily management [6]. - The internal process includes risk assessment, contract review by the legal department, and compliance with approval procedures before executing trades [6][7]. Group 5: Information Disclosure and Record Keeping - The company must disclose foreign exchange derivative trading information in accordance with regulations from the China Securities Regulatory Commission and the Shenzhen Stock Exchange [8][9]. - The finance department is tasked with maintaining all relevant documentation related to foreign exchange derivative trading [9].

Core Viewpoint - The document outlines the management measures for foreign exchange derivative trading at Nantong Taihe Chemical Co., Ltd, aiming to standardize operations, enhance risk management, and ensure asset safety [1][2]. Group 1: General Principles - The foreign exchange derivative trading is defined as trading activities involving swap contracts, forward contracts, and non-standard options, among others [1]. - The company and its subsidiaries must adhere to the principles of legality, prudence, safety, and effectiveness in conducting foreign exchange derivative trading [2]. Group 2: Business Operations - Foreign exchange derivative trading must be based on the company's foreign currency receivables and payables forecasts, ensuring that the contract amounts do not exceed these forecasts [2][3]. - The company is required to establish trading accounts in its own name and cannot use third-party accounts for trading [3]. Group 3: Responsibilities and Approval Authority - The document specifies the responsibilities for planning, funding, operations, and daily management of foreign exchange derivative trading [4]. - The board of directors is responsible for approving significant trading activities, especially those involving substantial financial commitments [4]. Group 4: Internal Management and Procedures - The internal operating procedures for foreign exchange derivative trading include analysis of future foreign exchange trends and obtaining necessary approvals before implementation [5][6]. - All personnel involved in trading must comply with confidentiality protocols to protect sensitive information related to trading activities [5]. Group 5: Risk Reporting and Management - The finance center must analyze and report any significant fluctuations in exchange or interest rates to the management for timely decision-making [6]. - In case of major anomalies in trading activities, the finance center is responsible for submitting analysis reports and proposed solutions to mitigate risks [6]. Group 6: Information Disclosure and Record Keeping - All foreign exchange derivative trading activities must be disclosed in accordance with legal and regulatory requirements, detailing the purpose, instruments, and expected financial implications [7][8]. - The finance center is tasked with maintaining all relevant documentation related to foreign exchange derivative trading, ensuring proper record-keeping [8].

Core Points - The article outlines the foreign exchange derivatives trading management system of SiKan Technology (Hangzhou) Co., Ltd, aiming to standardize trading practices and enhance risk management [1][2] - The system is established in accordance with relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China, and is designed to ensure the safety of the company's assets [1][2] Group 1: General Principles - The foreign exchange derivatives trading business includes various products such as forward foreign exchange, swaps, options, and interest rate derivatives, aimed at mitigating exchange rate and interest rate risks [2][3] - The system applies to the company and its consolidated subsidiaries, requiring unified management and operation of foreign exchange derivatives trading by the company [2][3] Group 2: Basic Principles of Trading - The company must adhere to principles of legality, prudence, safety, and effectiveness in foreign exchange derivatives trading, focusing on normal business operations and avoiding speculative activities [2][3] - Transactions are only permitted with qualified financial institutions approved by the State Administration of Foreign Exchange and the People's Bank of China [3] Group 3: Approval Authority - The company's shareholders' meeting or board of directors serves as the decision-making and approval body for foreign exchange derivatives trading, with specific thresholds for approval based on transaction size and impact on net profit [4][5] - The board of directors can authorize the chairman to make investment decisions within approved limits [4][5] Group 4: Management and Operational Procedures - The management layer proposes trading limits based on estimated business scale and market analysis, which must be approved by the board of directors or shareholders' meeting [12] - The financial department is responsible for the specific operation and management of foreign exchange derivatives trading [12][13] Group 5: Risk Management Procedures - The financial department must monitor and report any significant abnormal situations in trading that may pose risks, ensuring timely communication with the board of directors [18][19] - Losses exceeding 10% of the company's most recent audited net profit must be disclosed promptly [19] Group 6: Confidentiality and Compliance - All personnel involved in foreign exchange derivatives trading must adhere to confidentiality protocols, ensuring that sensitive information is not disclosed without authorization [15][16] - The internal audit institution is responsible for supervising compliance with risk control policies and procedures [16]

Core Viewpoint - The document outlines the management system for foreign exchange derivative trading at Guangdong Songfa Ceramics Co., Ltd., emphasizing the need for risk prevention, compliance with regulations, and the establishment of a robust management mechanism for the company's foreign exchange derivative trading activities [1][2]. Group 1: General Principles - The foreign exchange derivative trading activities are aimed at mitigating and preventing exchange rate or interest rate risks, based on the company's normal production and operational needs [2]. - The company must conduct foreign exchange derivative transactions with qualified financial institutions and cannot engage with unauthorized organizations or individuals [2][3]. - Transactions must align with the company's foreign currency receivables and payables forecasts, ensuring that the amounts do not exceed these forecasts [2][3]. Group 2: Approval Authority - The Board of Directors is responsible for reviewing the necessity and legality of foreign exchange derivative trading decisions, with disclosures made in relevant announcements or reports [3][4]. - Any overall plan and limits for foreign exchange derivative trading must be approved by the Board of Directors or, if exceeding their authority, by the shareholders' meeting [3][4]. Group 3: Management and Operational Procedures - The Board may authorize the Chairman or designated individuals to manage specific foreign exchange derivative trading operations within the approved scope [4][5]. - The company can estimate the scope, limits, and duration of derivative trading for the next 12 months to streamline operations [4][5]. Group 4: Risk Management - The company must implement measures to prevent funding risks, ensuring that trading does not utilize cash flow beyond normal operations [6][7]. - In cases of significant losses or market changes, the finance department must report to management and the Board, providing a risk analysis report that includes trading positions and risk assessments [7][8]. Group 5: Information Disclosure - The company is required to disclose foreign exchange derivative trading activities as per relevant laws and regulations, ensuring transparency in operations [8]. - All trading documents must be retained for at least 10 years by the finance department [8].