Fangyuan Co., Ltd. announced that the company and its holding subsidiaries plan to engage in futures hedging business to reduce the impact of raw material and product price fluctuations on production and operation. It is expected that the margin and premium to be used will not exceed 0.1 billion yuan, and the maximum contract value held on any trading day will not exceed 0.6 billion yuan, effective from January 1, 2025, to December 31, 2025. This business aims to enhance the company's ability to withstand price fluctuations and ensure the sustainable and healthy development of its main business.