Grier Plans to Launch 30 Million Yuan Futures Hedging Business to Address Raw Material Price Volatility Risk

MaticHoleFiller · 2026-03-19T06:32:06+00:00

Glier Digital Technology Company plans to invest up to 30 million yuan to conduct futures hedging business to cope with the risk of raw material price fluctuations. This measure aims to ensure normal production and operations and enhance risk resilience. The specific plan has been approved by the Board of Directors and is pending shareholder approval.

MaticHoleFiller

2026-03-19 06:32:06

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[Finance Network News] Geller Digital Technology Co., Ltd. (Stock Code: 920641, Stock Abbreviation: Geller) announced on March 13th that the company’s 27th meeting of the 4th Board of Directors approved the proposal to carry out futures hedging business. The company plans to invest up to 30 million yuan of its own funds to conduct futures hedging to manage the risk of raw material price fluctuations. This proposal is still subject to approval at the company’s first extraordinary general meeting in 2026.

The announcement states that the main purpose of the company’s futures hedging business is to meet normal production and operational needs and to avoid and prevent risks from raw material price fluctuations. The company plans to conduct futures hedging based on the demand for spot goods in sales orders to reduce the impact of raw material price volatility on normal business operations.

Item	Details
Trading varieties	Copper, aluminum, tin, plastics
Position opening direction	Commodity futures hedging transactions
Trading scale	Margin limit not exceeding 30 million yuan, renewable within the validity period
Funding source	The company’s own funds
Trading method	Limited to raw materials related to production and operation, trading venues are compliant domestic on-exchange trading platforms
Validity period	Valid within 12 months from the date of approval at the first extraordinary general meeting in 2026

The company openly admits in the announcement that although the hedging business is not aimed at speculation, it still faces multiple challenges such as market risk, capital risk, internal control risk, technical risk, and policy risk. To address these, the company will implement a series of internal control measures, including ensuring that the scale of hedging matches the operational scale, reasonably controlling the amount of funds, and strictly enforcing the “Hedging Business Management System.”

Geller stated that engaging in futures hedging is beneficial for enhancing the company’s risk resistance, aligns with its operational development needs, and can further improve financial stability. The company will account for and disclose the futures hedging activities in accordance with relevant accounting standards issued by the Ministry of Finance in its periodic reports.

It is understood that this proposal was approved at the 13th meeting of the Audit Committee of the 4th Board of Directors and the 3rd meeting of the Strategy Committee of the 4th Board of Directors on March 12th, and was approved at the 27th meeting of the 4th Board of Directors on March 13th. It still requires submission for shareholder approval.

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