Shantou Wanshun New Material Group announced that to avoid risks from fluctuations in aluminum prices and forex exchange rates, and to enhance the stability and sustainability of operating performance, in 2025, the company's wholly-owned subsidiary Jiangsu Zhongji and its subsidiaries plan to conduct hedging business. Specifically: The total margin for aluminum futures hedging will not exceed 50 million yuan, and the total amount for forex hedging trades will not exceed the equivalent of 0.2 billion US dollars, with the transaction amount at any point within the period not exceeding the aforementioned limits. This matter still needs to be submitted to the company's shareholder meeting for approval.
万顺新材:2025年度拟开展套期保值业务
Shantou Wanshun New Material Group: Plans to engage in hedging business in 2025.
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