Rigol Technologies (00537) plans to engage in foreign exchange hedging business.

Rigol Technologies (00537) announced that as the company and its holding subsidiaries advance their global business layout, they engage in foreign currency receipts and payments in the course of business operations and hold a certain scale of foreign exchange assets and liabilities. Influenced by factors such as recent international political and economic conditions, exchange rate fluctuations have been significant, resulting in a notable increase in foreign exchange risk. Therefore, strengthening exchange rate risk management has become an urgent requirement for the company to maintain stable operations. To effectively avoid risks in the foreign exchange market and reduce the impact of exchange rate fluctuations on normal business operations, the company plans to conduct foreign exchange hedging based on a risk-neutral principle, refraining from pure speculative and arbitrage transactions aimed solely at profit, which would not affect the company's main business development. According to the actual business needs of the company, the total scale of the intended foreign exchange hedging business will not exceed 840 million RMB or its equivalent in foreign currency. Within this limit, it can be rolled over for use, and the transaction amount at any given time will not exceed 840 million RMB or its equivalent in foreign currency. The expected upper limit of the transaction margin and premiums (including the value of collateral provided for transactions, the expected utilization of credit limits from financial institutions, and margins reserved for emergency measures, etc.) will not exceed 42 million RMB.