Tianhe Guangneng: plans to carry out 300 billion futures options and foreign exchange hedging business by 2026.

Tianhe Solar Energy announced that the company plans to conduct futures, options, and foreign exchange hedging transactions from January 1 to December 31, 2026. In terms of commodity futures and options hedging, it is expected to use a maximum of 3 billion yuan in margin, with a maximum contract value of 20 billion yuan using its own funds. In terms of foreign exchange hedging, the bank credit balance will not exceed $1 billion USD, without the need to use margin, and the funds will come from bank credit. The related proposal has been approved by the board of directors and still needs to be reviewed by the shareholders' meeting. The purpose of the business is to hedge against risks such as price fluctuations and exchange rate risks, but there are still risks in the market, internal controls, etc., so the company will take risk management measures to deal with them.