Shen Nong Group: Plans to carry out hedging business for commodity futures and options not exceeding 500 million yuan.
Shen Nong Group announced that the company's first extraordinary general meeting of shareholders in 2026 will be held on August 14. The agenda will include the review of the proposal on "Carrying out hedging business for commodity futures and options." The company plans to conduct related business using its own funds, with the expected maximum margin requirement at any given time not exceeding 500 million yuan, valid for 12 months. The trading varieties will include futures and options contracts for live pigs, agricultural products, and others. The company has established relevant systems to control market, liquidity, technology, policy, and legal risks, with the goal of enhancing its risk defense capabilities.
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