Core Viewpoint - Shenzhen TeFa Information Co., Ltd. has approved an increase in the trading limit for aluminum futures hedging by its subsidiary, Changzhou TeFa Huayin Cable Co., Ltd., to mitigate risks from raw material price fluctuations and enhance profit stability [1][5]. Group 1: Trading Overview - The company plans to increase the trading limit for aluminum futures hedging by up to 219.07 million yuan, with the total trading amount not exceeding 603.37 million yuan, while maintaining the maximum margin of 76.86 million yuan [2][6]. - The decision was made during the board meeting held on November 19, 2025, and does not require shareholder approval [11]. Group 2: Risk Management - The hedging strategy aims to lock in raw material prices and reduce operational risks associated with price volatility [8][23]. - The company has established a comprehensive risk control framework to manage market, funding, credit, technical, operational, policy, internal control, basis, and cash flow risks associated with the hedging activities [12][13][21][22]. Group 3: Financial Impact - Engaging in aluminum futures hedging is expected to stabilize production costs and product pricing, thereby promoting steady growth in performance [23]. - The company will account for the hedging activities in accordance with relevant financial regulations and standards [23].