Core Viewpoint - Yongtaiyun Chemical Logistics Co., Ltd. is actively engaging in various corporate governance activities, including extending the validity period for stock issuance and increasing daily related transaction limits, while also planning to conduct foreign exchange derivative hedging to mitigate currency risk [1][3][4]. Trading Information Summary - As of November 18, 2025, Yongtaiyun's stock closed at 28.39 yuan, down 2.2%, with a turnover rate of 3.73% and a trading volume of 29,800 shares, amounting to a transaction value of 84.6648 million yuan [1]. - On the same day, the net outflow of main funds was 8.6666 million yuan, accounting for 10.24% of the total transaction value, while retail investors saw a net inflow of 7.9125 million yuan, representing 9.35% of the total [1]. Company Announcements Summary - The third meeting of the third board of directors was held on November 18, 2025, where several resolutions were passed, including increasing the estimated amount for daily related transactions for 2025, conducting foreign exchange derivative hedging, extending the validity period for stock issuance, and changing the company's business scope [1][2][3]. - The company plans to extend the validity period for the 2024 stock issuance resolution from December 23, 2024, to December 22, 2026, with other terms remaining unchanged [1][3]. - The company intends to change its business scope to include "automobile sales; complete sales of new energy vehicles," pending approval from the registration authority [2][3]. Related Transactions and Financial Strategies - The estimated amount for daily related transactions with associated parties has been increased by 2 million yuan and 5 million yuan, respectively, for two companies, bringing the total expected amount to 4 million yuan and 11 million yuan [3][4]. - To mitigate foreign exchange risks due to overseas business expansion, the company plans to conduct foreign exchange derivative hedging with a limit of up to 80 million USD, using its own funds [4][5]. - The hedging activities will include forward foreign exchange contracts, foreign exchange options, and will be managed by the finance department, with strict internal controls and risk management measures in place [4][5].