Guannong Co., Ltd. announced that it plans to launch a hedging business in 2026. It is estimated that the maximum transaction deposit and premium amount will not exceed 578.3 million yuan, of which the commodity category will not exceed 552.3 million yuan and the foreign exchange category will not exceed 0.26 million yuan. The maximum contract value it holds on any trading day is not more than 1,937 million yuan, and the capital comes from its own funds. The transaction period is 12 months from the date of review and approval at the second extraordinary shareholders' meeting in 2026. The matter has been reviewed and approved at the 16th session of the 8th Board of Directors and still needs to be submitted to the 2nd Extraordinary General Meeting of Shareholders in 2026 for review. The company can hedge against price and exchange rate risks by developing this business, but it still faces various risks and has formulated corresponding risk control measures.

Guannong Co., Ltd. announced that it plans to launch a hedging business in 2026. It is estimated that the maximum transaction deposit and premium amount will not exceed 578.3 million yuan, of which the commodity category will not exceed 552.3 million yuan and the foreign exchange category will not exceed 0.26 million yuan. The maximum contract value it holds on any trading day is not more than 1,937 million yuan, and the capital comes from its own funds. The transaction period is 12 months from the date of review and approval at the second extraordinary shareholders' meeting in 2026. The matter has been reviewed and approved at the 16th session of the 8th Board of Directors and still needs to be submitted to the 2nd Extraordinary General Meeting of Shareholders in 2026 for review. The company can hedge against price and exchange rate risks by developing this business, but it still faces various risks and has formulated corresponding risk control measures.