Huafeng Aluminum Industry: Increase foreign exchange trading quota and plan to establish a wholly-owned subsidiary in Hong Kong.
Huafeng Aluminum Industry announced that the company held the third meeting of the fifth board of directors on December 15, 2025. The meeting approved the proposal to increase the trading limit for foreign exchange derivatives business, agreeing to increase the trading limit for foreign exchange derivatives of the company and its subsidiaries to no more than 500 million yuan, with a total maximum contract value not exceeding 1 billion yuan after the increase. The limit can be used in a revolving manner, with a term until April 17, 2026. In addition, the meeting also approved the proposal to establish a wholly-owned subsidiary in Hong Kong for external investment, agreeing to establish a wholly-owned subsidiary in Hong Kong with a capital of 1 million US dollars, with Chen Guozhen as the legal representative, and authorizing the management to handle related matters. So.
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