Datang Electric Power: plans to carry out a 3.5 billion yuan foreign exchange derivative trading business.

Era Power announced that due to business development, the scale of foreign exchange payment and receipt and the foreign exchange risk exposure have expanded. The company plans to engage in foreign exchange derivative trading for hedging purposes. The transaction limit is 3.5 billion RMB or the equivalent in other currencies, with a term of 12 months and can be rolled over. The types of transactions include forward foreign exchange and swap, with contracts not exceeding 12 months, no need to pay margin, and not exceeding 400 million RMB in financial institution credit utilization. The funds are mainly from its own, and the trading counterparties are large commercial banks. The company has established systems to control and prevent market, operational, liquidity, and performance risks, and it is feasible to engage in this business.