商品期货套期保值业务

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富春环保:关于2025年度开展商品期货套期保值业务的公告
Zheng Quan Ri Bao Zhi Sheng· 2025-08-21 13:17
(编辑 任世碧) 证券日报网讯 8月21日晚间,富春环保发布公告称,公司于2025年8月21日召开第六届董事会第十三次 会议,审议通过了《关于2025年度开展商品期货套期保值业务的议案》。公司控股子公司浙江遂昌汇金 有色金属有限公司(简称"遂昌汇金")自产铜、锡、金、银、铂、钯,以及镍、铅等金属,为防范金属 市场价格发生不利变动而引发的经营风险,遂昌汇金计划开展商品套期保值业务,以有效管理价格大幅 波动的风险,增强公司经营业绩的稳定性和可持续性。公司拟投入的保证金余额为不超过5,000万元。 期限为自董事会审议通过之日起12个月,额度在审批期限内可循环滚动使用。本事项无需提交股东大会 审议。 ...
汇鸿集团: 江苏汇鸿国际集团股份有限公司套期保值业务管理制度(2025年7月修订)
Zheng Quan Zhi Xing· 2025-08-01 16:35
Core Points - The article outlines the hedging management system of Jiangsu Huihong International Group Co., Ltd, aimed at standardizing hedging operations, enhancing management and supervision, and effectively preventing and controlling risks to ensure the safety of company assets [2][4][22] - The hedging business is defined as transactions using financial derivatives to hedge against specific risks such as price, credit, interest rate, and foreign exchange risks [2][3] - The company emphasizes a prudent approach to hedging, ensuring that transactions are simple, liquid, and risk-recognizable, and prohibits speculative trading [3][4] Summary by Sections General Principles - The hedging business must adhere to principles of prudence, business matching, unified management, and compliance [3][4] - The hedging activities are applicable to the company and its subsidiaries, which must develop detailed implementation rules based on the company's regulations [4][5] Business Qualifications and Organizational Structure - The board of directors authorizes the management to approve the qualifications of the operational entities engaged in hedging activities [5][6] - A dedicated hedging leadership group is established to oversee decision-making and supervision of hedging activities [7][8] Annual Plans and Operational Schemes - The company must create an annual hedging business plan based on previous performance and risk management capabilities, which requires board approval [11][12] - Operational entities must strictly follow the approved annual plan and seek board approval for any necessary adjustments due to significant market changes [16][17] Standard Operations and Risk Control - Hedging activities are subject to strict management, ensuring that different operational entities do not borrow or misuse scale indicators [12][13] - The operational entities must maintain a written authorization management system for trading permissions and ensure that funds used for hedging are self-owned [22][23] Reporting Mechanism and Emergency Response - Operational entities are required to report on hedging activities regularly, including monthly, quarterly, and annual reports detailing positions, strategies, and risk evaluations [30][31] - In case of significant risks or losses, immediate reporting to management is mandated, with detailed follow-up on the situation [34][35] Information Disclosure - The company must comply with relevant regulations for internal reporting and public disclosure of hedging activities, especially when losses exceed specified thresholds [37][38] Supervision and Accountability - The hedging leadership group is responsible for regular supervision and audits of the operational entities to ensure compliance with the hedging management system [40][41] - Strict penalties are outlined for personnel who fail to report or misreport hedging activities, ensuring accountability [41][42]
丰元股份: 商品期货套期保值业务管理制度(2025年5月)
Zheng Quan Zhi Xing· 2025-05-16 13:30
Core Viewpoint - The company has established a comprehensive management system for commodity futures hedging to mitigate risks and protect the interests of the company and its shareholders [1][3]. Group 1: General Provisions - The commodity futures hedging activities are limited to products or raw materials related to the company's operations, aimed at avoiding price volatility risks, and not for speculative purposes [1][2]. - The hedging business is managed uniformly by the company and its wholly-owned or controlling subsidiaries, requiring prior approval from the company for any operations [1][2]. Group 2: Operational Regulations - The company will not engage in futures trading solely for profit; all transactions must be based on actual business needs to mitigate price risks [2][3]. - All hedging activities must occur in the on-market environment and only with qualified financial institutions [2][3]. - The number of futures positions and holding periods must align with actual spot transactions, ensuring that futures holdings do not exceed the hedged spot quantities [2][3]. Group 3: Approval Authority - Any hedging plan must be reviewed by the management and approved by the board of directors or shareholders [3][4]. - Specific conditions require that significant transactions (e.g., involving over 50% of the latest audited net profit) must be submitted for shareholder approval [3][4]. Group 4: Management and Internal Processes - The board and shareholders are the decision-making bodies for hedging activities, with no other departments or individuals authorized to make such decisions [4][5]. - A dedicated hedging working group is responsible for feasibility analysis, planning, and daily management of hedging activities [4][5]. - The finance department manages payments and accounts related to hedging, while the internal audit department supervises the operations and financial reporting [4][5]. Group 5: Risk Management - The company must adhere to national laws and regulations, develop practical business plans, and establish risk management mechanisms before engaging in hedging activities [6][7]. - The internal audit department is tasked with regular checks on the hedging operations to prevent operational risks [6][7]. Group 6: Information Disclosure - The company is required to disclose relevant information about its hedging activities in accordance with regulatory requirements, including the purpose, investment amounts, and risk analyses [8][9]. - Any significant losses from hedging activities must be disclosed if they exceed 10% of the latest audited net profit [8][9].
钧达股份(002865) - 关于公司及控股子公司开展商品期货套期保值业务的公告
2025-03-03 11:15
证券代码:002865 证券简称:钧达股份 公告编号:2025-014 海南钧达新能源科技股份有限公司 关于公司及控股子公司开展商品期货套期保值业务的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整,没有虚 假记载、误导性陈述或重大遗漏。 重要内容提示: 7、风险提示:公司进行期货套期保值业务不以投机、套利为目的,主要目的 是为了有效控制和减少公司生产所用原材料价格波动对公司带来的影响,但同时 也会存在一定市场风险、资金风险、操作与技术风险、政策风险等,公司及子公司 将积极落实风险防控和处理措施,合规操作,防范相关风险。 海南钧达新能源科技股份有限公司(以下简称"公司")于 2025 年 3 月 3 日召 开第四届董事会第七十三次会议、第四届监事会第五十三次会议,审议通过《关于 公司及控股子公司开展商品期货套期保值业务的议案》,现将相关情况公告如下: 一、开展商品期货套期保值业务概述 1、交易目的:公司日常生产经营的主要原材料涉及白银、多晶硅等大宗商品, 易受宏观经济形势、产业链供需变化等因素影响,产品价格呈现较大波动。为合理 规避原材料价格波动对公司生产经营造成的潜在影响,充分利用期货的套期保 ...