Group 1 - The company held its 24th meeting of the 6th Board of Directors on December 29, 2025, where all 7 attending directors approved the proposal for foreign exchange derivative trading [2][3] - The Board approved a total limit of up to $50 million for foreign exchange derivative trading, valid for 12 months from the date of approval, with the ability to roll over within this limit [3][8] - The purpose of the trading is to effectively hedge against foreign exchange market risks and enhance financial stability, not for speculative purposes [8][10] Group 2 - The trading will involve currencies used in the company's overseas operations, primarily USD, and may include various products such as forward foreign exchange contracts, swaps, and options [9][10] - The maximum expected margin and premium for the trading activities will not exceed $4 million [10] - The company will use its own funds for the trading, and the decision does not involve raising funds [11] Group 3 - The Board authorized the chairman and designated individuals to implement the trading plan and sign relevant agreements [12] - The trading will be based on the company's normal foreign exchange income and expenses, ensuring liquidity [14] - The company has established risk management measures to mitigate potential risks associated with the trading activities [16][17] Group 4 - The company announced the resignation of non-independent director and deputy general manager Yan Dong, who will continue to work within the company [21] - Yan Dong was elected as a representative director by the employee representative assembly, ensuring compliance with regulations regarding board composition [22] Group 5 - The company held its second extraordinary general meeting on December 30, 2025, with a total of 589 shareholders present, representing 33.54% of the voting rights [30][34] - The meeting approved several resolutions, including amendments to the company's articles of association and governance rules, with significant support from shareholders [35][39] - Legal opinions confirmed the legality and validity of the meeting and its resolutions [44]

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].