Haier Smart Home: Intends to carry out foreign exchange derivative trading business not exceeding 6.5 billion US dollars.
Haier Smart Home announced that as its overseas business expands, the company and its subsidiaries plan to engage in foreign exchange derivative trading to hedge against exchange rate risks and reduce the impact of exchange rate fluctuations on performance. In 2026, the planned operating balance will not exceed $6.5 billion. The trading instruments include forward foreign exchange, foreign exchange swaps, NDFs, options for hedging, currency and interest rate swaps, etc. The funds mainly come from proprietary funds, the trading venues are over-the-counter, and the trading counterparties are banks and other financial institutions. The company has established a risk management system and internal control mechanisms, and will implement various risk prevention and control measures.
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