ANHUI JINCHUN NONWOVEN: Plans to engage in futures hedging business not exceeding 50 million yuan

ANHUI JINCHUN NONWOVEN announced that the company will hold a board of directors and supervisory board meeting on October 24, 2025, to review and approve the proposal to engage in futures hedging business, which still requires approval from the shareholders' meeting. The purpose of the company engaging in this business is to reduce the impact of raw material price fluctuations on costs, with the hedging futures varieties including polyester staple fiber, wood pulp, and upstream raw materials. The maximum margin amount shall not exceed 50 million yuan, valid for 12 months from the date of approval by the shareholders' meeting, and can be reused. The company will operate with its own funds, and although it is not for speculative purposes, there are still risks in the futures market, and the company has formulated corresponding risk control measures