HX BLDG MAT (06655) has announced that, due to exchange rate fluctuations and foreign exchange market liquidity conditions, its subsidiary intends to engage in foreign exchange derivatives trading as appropriate, based on its own actual circumstances and in connection with its daily business operations.

According to business demand, the company's subordinate subsidiary plans to carry out foreign exchange derivatives trading with a cumulative total amount not exceeding the equivalent of USD 75 million, and the expected upper limit of trading margin to be utilized is no more than the equivalent of USD 15 million. The expected maximum contract value held on any single trading day shall not exceed the equivalent of USD 15 million.

Within the above quota, the management of the company (including its subsidiaries) is authorized to make specific decisions, organize implementation, and sign relevant legal documents. The types of foreign exchange derivatives the subsidiary intends to trade include forwards, swaps, options, and related combination products. The counterparties shall be financial institutions that possess the qualifications to conduct foreign exchange derivatives trading business, operate prudently, and have good credit standing.