Core Viewpoint - Hainan Junda New Energy Technology Co., Ltd. has approved a proposal to conduct foreign exchange hedging activities with a limit not exceeding 1.9 billion yuan or equivalent in other currencies, aimed at mitigating exchange rate risks [1] Group 1: Business Details - The proposed hedging activities include forward foreign exchange contracts, swaps, options, and their combinations, with a duration of 12 months from the board's approval date [1] - The funding for these activities will come from the company's own funds, and the business is designed to avoid speculative arbitrage [1] Group 2: Risk Management - Although the primary goal is to hedge against exchange rate risks, the company acknowledges potential risks including exchange rate fluctuations, internal control issues, performance risks, and legal risks [1] - The company has established relevant systems and implemented risk control measures, and will account for these activities according to accounting standards [1] Group 3: Governance - The matter does not require submission for shareholder meeting approval, indicating a streamlined decision-making process within the company [1]