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金圆股份:子公司开展商品期货套期保值业务

Jinyuan Ep Co., Ltd.: Subsidiaries conduct commodity futures hedging business.

Breakings ·  Jun 20 16:28
Jinyuan Ep Co., Ltd. announced that in order to avoid the operational risks caused by significant fluctuations in spot market prices of inventory products and in-transit raw materials, and to improve its ability to resist market fluctuations, its subsidiary plans to carry out hedging business of commodity futures such as copper, gold, silver, tin, nickel, lead, and zinc listed on the Shanghai Futures Exchange. The total amount invested in the hedging business (margin) does not exceed RMB 50 million.

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