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Foton Motor announced that with the expansion of overseas business, the scale of foreign exchange payments has increased, and foreign exchange risk exposure has expanded. In order to lock in costs and reduce exchange rate risks, the company plans to carry out foreign exchange derivatives trading business of no more than 600 million US dollars or other foreign currency equivalent from January 1 to December 31, 2026. The amount can be recycled, and the balance at any point during the period does not exceed this amount. Types of transactions include foreign exchange forwards, options, option combinations, swaps, etc. The funds are derived from own funds. The company will take measures to prevent and control risks such as exchange rate fluctuations.

Zhitongcaijing·12/12/2025 11:57:11
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Foton Motor announced that with the expansion of overseas business, the scale of foreign exchange payments has increased, and foreign exchange risk exposure has expanded. In order to lock in costs and reduce exchange rate risks, the company plans to carry out foreign exchange derivatives trading business of no more than 600 million US dollars or other foreign currency equivalent from January 1 to December 31, 2026. The amount can be recycled, and the balance at any point during the period does not exceed this amount. Types of transactions include foreign exchange forwards, options, option combinations, swaps, etc. The funds are derived from own funds. The company will take measures to prevent and control risks such as exchange rate fluctuations.