Core Points - The company has established a set of regulations to manage its financial derivatives trading activities and ensure compliance with relevant laws and regulations [1][2][3] Group 1: General Principles - The company and its subsidiaries must conduct financial derivatives trading in accordance with legal, prudent, safe, and effective principles, focusing on risk avoidance rather than speculation [2][3] - Financial derivatives include but are not limited to forwards, swaps, options, and futures, with underlying assets such as exchange rates, interest rates, currencies, and raw materials [1][2] Group 2: Approval and Responsibilities - The finance department is responsible for the implementation and management of financial derivatives trading, while the audit and supervision department oversees compliance and auditing [3][4] - Any financial derivatives trading must be approved by the company's board of directors or shareholders if it exceeds certain thresholds, such as 50% of the latest audited net profit or 50% of the latest audited net assets [4][5] Group 3: Operational Procedures - The finance department must create a trading plan based on market trends and submit it for approval by the finance head and the general manager [5][6] - The company must maintain a financial derivatives management ledger and regularly report the trading performance to the finance head and general manager [5][6] Group 4: Information Disclosure and Record Keeping - The company is required to fulfill information disclosure obligations in accordance with regulations from the China Securities Regulatory Commission and stock exchanges [7] - All trading documents and records must be organized and archived by the finance department for a minimum of 10 years [7]