Core Viewpoint - On January 20, 2026, Sanqi Interactive Entertainment (002555) reported a closing price of 27.23 yuan, down 2.99% from the previous trading day, with a total market capitalization of 60.239 billion yuan [1] Group 1 - The stock opened at 28.4 yuan, reached a high of 28.56 yuan, and a low of 26.78 yuan, with a trading volume of 2.261 billion yuan and a turnover rate of 5.19% [1] - The company held its fifth meeting of the seventh board of directors on January 20, 2026, where it approved a proposal for the company and its subsidiaries to engage in foreign exchange hedging activities [1] - The approved foreign exchange hedging business has a limit of 800 million USD or equivalent currencies, with a term of 12 months from the date of board approval, and is intended to mitigate adverse impacts from exchange rate fluctuations on operations [1] Group 2 - The hedging activities will include forward foreign exchange contracts, foreign exchange swaps, foreign exchange futures, and foreign exchange options, primarily involving USD and HKD as settlement currencies [1] - The funding for these activities will come from the company's own funds and will not involve raised capital [1] - The company has established relevant management systems to clarify operational principles, approval authority, and risk control measures [1]

Core Viewpoint - Zhangjiagang Haigang New Energy Equipment Co., Ltd. is actively engaging in strategic transactions to enhance its operational capabilities and mitigate financial risks, including the acquisition of land for project development and the initiation of foreign exchange derivative trading to manage currency risk. Group 1: Trading Information - As of January 15, 2026, the stock price of Haigang was 25.42 yuan, with a slight increase of 0.47% and a turnover rate of 2.45% [1] - The trading volume was 24,700 shares, with a total transaction value of 62.4514 million yuan [1] - On the same day, there was a net outflow of 443.96 thousand yuan from institutional investors and 467.62 thousand yuan from retail investors, while retail investors saw a net inflow of 911.58 thousand yuan [1] Group 2: Company Announcements - The fourth board meeting of Zhangjiagang Haigang approved the purchase of land use rights by its subsidiary, Suzhou Magtech, for 25,000 square meters at a price of 25.831899 million yuan, based on a third-party evaluation [3][4] - The land acquisition is intended for the construction of high-end components for flywheel energy storage projects, aligning with the company's strategic development needs [3][4] - The company plans to use up to 300 million yuan of its own funds for foreign exchange derivative trading to hedge against currency fluctuations, with a focus on forward foreign exchange contracts, swaps, and options [2][4] Group 3: Risk Management and Compliance - The company has established a management system for foreign exchange derivative trading to regulate operations and prevent speculative activities, ensuring that transactions are aimed at risk mitigation [4] - The board has authorized management to make decisions within the approved limits for the foreign exchange trading activities, which are valid for 12 months from the date of board approval [2][4] - The company emphasizes that the foreign exchange derivative transactions will not involve speculative trading and has implemented risk control measures [2][4] Group 4: Shareholder Activity - A major shareholder, Yulong Chuangtou, reduced its stake by 274,700 shares, representing 0.2632% of the total share capital, bringing its ownership down from 6.2600% to 5.9968% [5] - This reduction was part of a disclosed plan and did not result in a change of control or affect the company's governance structure [5]

Core Viewpoint - The company, Haigou Co., Ltd. (301063), is actively engaging in strategic financial maneuvers, including foreign exchange derivative trading and land acquisition for project development, while managing shareholder changes and capital flows. Trading Information Summary - On January 14, 2026, Haigou Co., Ltd. closed at 25.3 yuan, down 0.04%, with a turnover rate of 3.55%, trading volume of 35,600 shares, and a transaction value of 90.4169 million yuan [1]. - On the same day, the net outflow of main funds was 8.5755 million yuan, while retail investors showed a net inflow of 5.7648 million yuan [3]. Shareholder Changes Summary - Shareholder Yulong Technology Venture Capital Co., Ltd. reduced its holdings by 274,700 shares from November 14, 2025, to January 14, 2026, representing 0.2632% of the total share capital, decreasing its ownership from 6.2600% to 5.9968% [1][7]. Company Announcements Summary - The company’s board approved a proposal for its subsidiary, Suzhou Magtech, to purchase land use rights for 57,404.22 square meters in Zhangjiagang City for 25.831899 million yuan, aimed at developing high-end components for flywheel energy storage [2][3][4]. - The company plans to engage in foreign exchange derivative trading with a limit of 300 million yuan (or equivalent foreign currency) over the next 12 months, focusing on hedging against currency fluctuations and enhancing financial stability [2][5][6].

Core Viewpoint - Company plans to engage in foreign exchange derivative trading to mitigate foreign exchange market risks and enhance financial stability [2][3][4] Group 1: Trading Information - On December 29, 2025, the stock price of Skyworth Digital (000810) closed at 11.73 yuan, up 1.03%, with a turnover rate of 1.52% and a trading volume of 168,600 hands, amounting to a transaction value of 197 million yuan [1] - On the same day, the net inflow of main funds was 6.6886 million yuan, while retail investors experienced a net outflow of 10.5488 million yuan [1][5] Group 2: Company Announcements - The 13th meeting of the 12th Board of Directors of Skyworth Digital was held on December 29, 2025, where the proposal to conduct foreign exchange derivative trading was approved [1][3] - The company will use its own funds for the trading, with a maximum contract value of 1.5 billion yuan per trading day and a margin not exceeding 75 million yuan, valid for 12 months from the date of board approval [2][3][5] Group 3: Feasibility Analysis - The foreign exchange derivative trading aims to hedge against foreign exchange risks, involving instruments such as forward foreign exchange contracts, foreign exchange swaps, and foreign exchange options [2][3] - The trading counterparties will be qualified banks and financial institutions, and the company has established management systems to ensure that no speculative trading occurs [2][4] Group 4: Management System - A management system for foreign exchange derivative trading has been established to regulate trading activities, specifying operational principles, approval authority, internal processes, risk management, and information disclosure requirements [4] - The system emphasizes that trading should aim to mitigate exchange rate and interest rate risks, and prohibits the use of raised funds for trading [4]

Core Viewpoint - Skyworth Digital (000810) has announced its plan to engage in foreign exchange derivative trading to mitigate currency fluctuation risks, enhancing financial stability [1]. Group 1: Stock Performance - As of December 29, 2025, Skyworth Digital's stock closed at 11.73 yuan, up 1.03% from the previous trading day, with a total market capitalization of 13.391 billion yuan [1]. - The stock opened at 11.55 yuan, reached a high of 11.85 yuan, and a low of 11.52 yuan, with a trading volume of 1.97 billion yuan and a turnover rate of 1.52% [1]. Group 2: Foreign Exchange Derivative Trading - The company held its 13th meeting of the 12th Board of Directors on December 29, 2025, where it approved a proposal to conduct foreign exchange derivative trading [1]. - The company and its subsidiaries plan to use their own funds for this trading, with a maximum contract value of 1.5 billion yuan (or equivalent foreign currency) held on any trading day, and a trading margin not exceeding 75 million yuan (or equivalent foreign currency) [1]. - The trading will include forward foreign exchange contracts, foreign exchange swaps, and foreign exchange options, with qualified banks and financial institutions as trading counterparts [1]. - The company explicitly stated that it will not engage in speculative trading, focusing instead on risk hedging to enhance financial robustness [1].

Core Viewpoint - The company, Aidi Tech (301580), is taking measures to mitigate foreign exchange market risks by engaging in foreign exchange hedging activities, which include forward foreign exchange contracts, foreign exchange swaps, and foreign exchange options [1]. Group 1: Stock Performance - As of December 23, 2025, Aidi Tech's stock closed at 43.23 yuan, reflecting a slight increase of 0.02% from the previous trading day [1]. - The stock opened at 43.3 yuan, reached a high of 43.34 yuan, and a low of 42.93 yuan, with a trading volume of 22.68 million yuan and a turnover rate of 0.73% [1]. Group 2: Foreign Exchange Hedging Business - The company announced plans to conduct foreign exchange hedging to avoid risks associated with currency fluctuations, with trading partners being qualified banks and financial institutions [1]. - The maximum margin and premium for the hedging activities will not exceed 15 million yuan or its equivalent in foreign currency, and the highest contract value held on any trading day will not exceed 100 million yuan or its equivalent in foreign currency [1]. - The hedging activities will be valid for 12 months from the date of approval by the board of directors and can be reused [1]. - The funding for these activities will come from the company's own funds and will not involve raised capital [1]. - This initiative has been approved by the board of directors and the audit committee, and does not require submission to the shareholders' meeting for approval [1].

Group 1 - The company plans to conduct foreign exchange derivative trading in 2026 to mitigate risks associated with currency fluctuations due to international political and economic factors [3][4] - The maximum trading margin and premium on any given day will not exceed USD 350 million, with a maximum contract value of USD 3.5 billion [4][7] - The funding for these transactions will come from the company's own funds and will not involve raised capital [4] Group 2 - The foreign exchange derivative trading will include forward foreign exchange contracts, foreign exchange swaps, and foreign exchange options, primarily involving USD, EUR, JPY, and AUD [5] - The trading period is set from January 1, 2026, to December 31, 2026, with the possibility of rolling over the funds within this timeframe [6] - The board of directors has proposed to authorize management to implement related matters within the approved limits [6] Group 3 - The company has established risk control measures to ensure that foreign exchange derivative trading is conducted legally, prudently, and effectively, avoiding speculative operations [12][13] - The company will only engage in transactions with financial institutions approved by regulatory authorities [12] - The internal audit department will supervise compliance with the trading decisions and management [14] Group 4 - The foreign exchange derivative trading is closely related to the company's daily operations and aims to enhance financial stability without affecting normal production [15] - The accounting treatment for the proposed foreign exchange derivative trading will comply with relevant financial reporting standards [16] Group 5 - The company plans to apply for a comprehensive credit limit of up to RMB 92.66 billion for 2026 and provide guarantees totaling up to RMB 69.96 billion for its subsidiaries [49][53] - The board has approved the proposed credit and guarantee limits, which will be submitted for shareholder approval [55][59] - The guarantees will include various types such as general guarantees, joint liability guarantees, and collateral guarantees [53]

Group 1 - The stock price of Jinfu Technology (300128) closed at 7.86 yuan on October 31, 2025, with an increase of 1.16% and a turnover rate of 11.85% [1] - On the same day, the net inflow of main funds was 42.14 million yuan, indicating significant accumulation [3] - The company plans to use no more than 100 million yuan of idle self-owned funds to purchase structured deposits or financial products, aiming to enhance fund utilization efficiency [2][3] Group 2 - Jinfu Technology intends to engage in foreign exchange derivative trading to hedge against foreign exchange market risks, with a trading limit of up to 100 million yuan or equivalent foreign currency [2][3] - The foreign exchange derivative trading will include products such as foreign exchange forwards, swaps, and options, with a validity period of 12 months from the board's approval [2]

Core Viewpoint - The company aims to enhance its ability to manage foreign exchange risk and mitigate the impact of significant currency fluctuations on its performance by engaging in foreign exchange hedging activities in 2026 [1] Group 1: Foreign Exchange Hedging Strategy - The company and its subsidiaries plan to continue foreign exchange hedging activities with qualified financial institutions in 2026 [1] - The hedging products will include but are not limited to forward foreign exchange contracts, foreign exchange swaps, and foreign exchange options, or combinations of these products [1] - The maximum contract value held on any trading day is expected to not exceed RMB 1 billion or its equivalent in foreign currency [1] Group 2: Authorization and Validity - The authorization for the hedging activities will be valid for a period of 12 months, from January 1, 2026, to December 31, 2026 [1] - The authorized amount can be used in a rolling manner within the specified period [1]

Core Viewpoint - The company has approved a plan to engage in foreign exchange derivative trading to mitigate foreign exchange risks associated with its export business, aiming to enhance financial stability and efficiency in foreign currency usage [1][2]. Group 1: Reasons and Objectives - The company and its subsidiaries aim to conduct foreign exchange derivative trading to effectively hedge against foreign exchange market risks and prevent adverse impacts from significant exchange rate fluctuations on company performance [1][2]. Group 2: Types of Derivative Transactions - The foreign exchange derivative transactions will include products closely related to the company's core business, such as foreign exchange forwards, swaps, options, structured forwards, interest rate swaps, interest rate options, and currency swaps [2]. Group 3: Transaction Limits and Authorization - The total amount for foreign exchange derivative trading is capped at USD 20 million, with the authorization to be valid for 12 months from the board's approval date, allowing for rolling usage within this limit [1][2]. Group 4: Risk Analysis and Control Measures - The company will adhere to principles of legality, prudence, safety, and effectiveness in its derivative trading, avoiding speculative and purely arbitrage transactions. Risk control measures include establishing clear internal procedures, approval authority, and regular risk exposure assessments [3][4]. Group 5: Accounting Policies - The company will follow relevant accounting standards for financial instruments and hedge accounting to ensure proper accounting treatment for the foreign exchange derivative transactions [3][4]. Group 6: Supervisory Board Opinion - The supervisory board supports the foreign exchange derivative trading initiative, confirming that it aligns with legal regulations and does not harm the interests of the company or its shareholders, particularly minority shareholders [4].