Wol Nuclear Materials plans to carry out 100 million yuan futures hedging business to offset raw material price fluctuation risks.

【Shenzhen News】Shenzhen Wol Nuclear Materials Co., Ltd. (Stock code: 002130, hereinafter referred to as “Wol Nuclear Materials”) announced a board resolution on the evening of March 25, stating that in response to the risk of raw material price fluctuations, the company and its subsidiaries will carry out futures hedging transactions for raw materials such as copper and silver, involving a total margin and premium not exceeding 100 million RMB.

The announcement shows that the eighth session of the fifth board of directors was held via teleconference on March 25, with all 9 directors present. The proposal to carry out futures hedging business was approved with 9 votes in favor, 0 against, and 0 abstentions. The business term is valid for 12 months from the date of approval by the board, and the quota can be used on a rolling basis.

It is understood that the company’s hedging activities mainly target key raw materials such as copper and silver used in production, aiming to hedge price fluctuation risks through futures instruments and stabilize production costs and operating performance. According to the disclosed risk control indicators, the maximum contract value held by the company on any trading day will not exceed 20% of the most recent audited net assets, ensuring that the hedging risk is controllable.

Wol Nuclear Materials stated that conducting futures hedging is based on the company’s normal production and operation needs. By locking in raw material procurement costs, it aims to reduce the impact of price fluctuations on the company’s operations and ensure the steady and healthy development of its main business. The proposal has been reviewed by the company’s audit committee. The specific implementation details will be disclosed in the “Announcement on Conducting Futures Hedging Business.” Investors can check the details in the Securities Times, China Securities Journal, and the China Securities Journal website on March 26.

As a leading enterprise in the field of high-polymer nuclear radiation modified new materials in China, Wol Nuclear Materials’ deployment of futures hedging reflects the company’s foresight in managing market risks. It helps enhance the company’s initiative in controlling raw material costs and provides a safeguard for stable performance growth.

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