Negotiable securities code: Abbreviation of 603810 negotiable securities: Number of announcement of abundant hill group: 2019-019
Our company board of directors and collectivity trustee make sure this announcement content is nonexistent state of sex of any false account, misdirect is major perhaps omit, assume to the authenticity of its content, accuracy and integrality reach joint liability individually.
Inc. of group of Jiangsu abundant hill (the following abbreviation " company " ) at holding the 2nd board of directors the 9th times on April 23, 2019 the conference is mixed the 2nd supervision board the 6th conference, discuss passed " about the company 2019 year begin finance to derive article trade of business second reading " . Money of settle accounts of company international trade basically is dollar, euro, because this RMB is right,wave motion meets exchange rate of dollar, euro to produce management generation to be affected certainly to the company. The risk of wave motion of foreign currency exchange rate for income of avoid dollar, euro, reduce effectively advocate the uncertainty of business Wu income, basis " stock of Shanghai stock exchange appears on the market regular " , " company rules " the set and joins a company particular case that waits for concerned law, code and system, plan to begin finance to derive article trade relevant business. Specific content is as follows:
One, begin business sort
1, begin long-dated knot carry out to assemble business
Long-dated knot carry out assembles business is to pass foreign currency nominated bank and client to talk things over sign long-dated knot carry out to collect an agreement, agreement
The foreign currency money that future deals with settlement of exchange or carry out collects is planted, amount, exchange rate and deadline, expire namely the agreement according to this agreement
Conduction knot carry out assembles business. Because long-dated knot makes work,the time structure that collects an exchange rate is transferred from in the future current, agreed some day deals with settlement of exchange to the bank in the future or carry out collects the exchange rate of business beforehand, so this kind of method can eliminate foreign currency risk.
2, period authority sets RMB foreign exchange business
The RMB collects period authority to set business external is the demand of real settlement of exchange that the company is aimed at future, buy to carry out
The value is inferior (with RMB of amount to of one unit foreign currency metric executive price) foreign currency be expected to fall period authority, sell at the same time piece
The foreign currency with an executive higher price is bullish period authority, did not come according to the company demand of real settlement of exchange but future a certain time (a year of less than) exchange rate lock is surely in certain interval, achieve the goal that reduces risk of long-dated settlement of exchange.
2, monetary sort and business dimensions
1, trade money is planted. The money of main settle accounts that company of be confined to produces management place to use, begin period of complete a business transaction and forecast a paragraph period to agree, and amount and the long-dated knot carry out that forecast photograph of the amount that return a money to match collect business and RMB to collect period authority to set business external.
2, capital is devoted. According to the company real business needs, of afore-mentioned foreign currency business trade amount does not exceed 5, 0 dollar, devoted capital is company own reserves.
3, period of efficacy: From this second reading after be being discussed through the board of directors inside 12 months.
3, the influence to the company and potential risk
Long-dated knot carry out is collected wait for business, can fluctuate in exchange rate of the avoid on certain level the influence to the company, make a company dedicated manage at production, when exchange rate happens to fluctuate considerably, the company still maintains a stable gain level. In the meantime, long-dated knot carry out is collected wait for business operation to also can exist risk of exchange rate wave motion, change in exchange rate prices bigger case falls, long-dated knot carry out collects the exchange rate that waits for business quoted price is possible under immediate market exchange rate, cause exchange loss. The RMB collects period authority to set business external is right of complete a business transaction of foreign currency of a kind of RMB essentially trade. Period power maturity, if company and bank all choose to abandon an advantageous position, company can according to expire the immediate exchange rate that day does knot carry out to assemble business, the period authority that pays at the beginning of loss period thereby is expended; If the bank chooses an authority, the executive price that the company must buy period right according to the bank and bank have complete a business transaction, cause certain loss.
4, the risk that the company takes controls measure
1, to prevent long-dated knot carry out collects delay complete a business transaction, the company strengthens the management of receivable Zhang money, urge actively receive receivable Zhang fund, avoid to appear the phenomenon of exceed the time limit of receivable Zhang money.
2, the company built photograph inside Shanghaiguan to accuse to run a system, examine and approve flow of attributive, in-house examine and verify, decision-making process, in-house risk to report system and risk handle exposure of program, information to wait to trading make specific provision.
3, the end that begins above professional work in view of the company, what choose at present all be product of low risk banking, afore-mentioned company business allow to do business with the commercial bank that has lawful management qualification only.
4, the lock in be being begun with foreign trade business only decides business risk n to be a target, do not pursue any forms or substantial investment business.
5, department of firm internal audit will fixed, nonsked to trading actually agreement is signed reach executive circumstance to undertake checking.
5, independent director opinion
Company foundation " stock of Shanghai stock exchange appears on the market regular " , the particular case that the regulation of the concerned law such as company rules, code and system joins a company, draft with trading amount does not exceed 5, the own reserves of 0 dollar begins long-dated knot carry out to collect business and RMB foreign currency period authority sets business, the risk of wave motion of foreign currency exchange rate that is helpful for income of avoid dollar, euro, reduce effectively advocate the uncertainty of business Wu income, and the potential risk of existence can accuse, won't harm the interest of company and partner. Accordingly, we are consentient to this item.
6, for future reference file
1, Inc. of group of Jiangsu abundant hill the 2nd board of directors resolution of the 9th conference;
2, Inc. of group of Jiangsu abundant hill the 2nd supervision board resolution of the 6th conference;
3, independent director is opposite Inc. of group of Jiangsu abundant hill the 2nd board of directors the 9th conference is relevant the independent opinion of item;
Hereby announcement.
Inc. of group of Jiangsu abundant hill
Board of directors
On April 25, 2019
