Core Viewpoint - The company, Yindu Catering Equipment Co., Ltd., has announced its plan to engage in futures and derivatives trading to hedge against price fluctuations in raw materials and shipping costs, aiming to stabilize its operational performance and enhance cost control capabilities [4][15]. Group 1: Trading Purpose and Scope - The company primarily engages in the research, production, and sales of commercial catering equipment, and aims to mitigate the impact of price volatility in raw materials such as stainless steel, copper, and energy-related materials, as well as shipping costs [4]. - The hedging activities will involve futures and derivative contracts related to commodities like stainless steel, copper, and energy materials, as well as indices related to shipping [4][9]. Group 2: Financial Details - The maximum trading margin and premium that the company plans to utilize will not exceed RMB 100 million (approximately 10 million) [5]. - The maximum contract value held on any trading day is expected to be capped at RMB 1 billion (approximately 100 million) [5]. Group 3: Risk Management - The company has established a set of risk control measures to ensure the effective and compliant execution of its hedging activities, including the separation of decision-making, execution, and supervision functions [13][14]. - The company will only use its own funds for hedging activities, avoiding the use of raised funds, and will implement strict controls on the scale of hedging funds [14]. Group 4: Approval Process - The plan for futures hedging has been approved by the company's Audit Committee and Board of Directors, with unanimous votes in favor, and does not require shareholder approval [2][11].