Plutong announced that the 19th meeting of the sixth board of directors of the company deliberated and passed the bill to terminate the issuance of shares and pay cash to purchase assets and raise supporting capital and related transactions, and the relevant directors have avoided voting. At the same time, the conference deliberated and approved the formulation of the “Futures Hedging Business Management System”, agreeing that the company and its subsidiaries will carry out futures hedging business for aluminum products. The maximum amount of security deposit is expected to be no more than 10 million yuan, and the maximum contract value held on any trading day during the validity period shall not exceed 90 million yuan. The amount is valid for 12 months from the date of review and approval by the board of directors, and can be used on a rolling basis.

Plutong announced that the 19th meeting of the sixth board of directors of the company deliberated and passed the bill to terminate the issuance of shares and pay cash to purchase assets and raise supporting capital and related transactions, and the relevant directors have avoided voting. At the same time, the conference deliberated and approved the formulation of the “Futures Hedging Business Management System”, agreeing that the company and its subsidiaries will carry out futures hedging business for aluminum products. The maximum amount of security deposit is expected to be no more than 10 million yuan, and the maximum contract value held on any trading day during the validity period shall not exceed 90 million yuan. The amount is valid for 12 months from the date of review and approval by the board of directors, and can be used on a rolling basis.