Jiangsu Lopal Tech. Group (02465) carries out hedging business.

Jiangsu Lopal Tech. Group (02465) announced that Jiangsu Lopal Tech. Group Co., Ltd. (hereinafter referred to as the "Company") held its 50th meeting of the fourth board of directors on January 23, 2026, and approved the "Proposal on the Company's Conduct of Hedging Transactions." The proposal has been approved at the 25th meeting of the fourth board of directors' audit committee and still needs to be submitted to the company's shareholders' meeting for approval. The Company and its subsidiaries plan to conduct futures and derivative hedging transactions with a margin and premium limit not exceeding RMB 500 million (excluding physical delivery payments for hedging transactions), and the maximum contract value held on any given trading day not exceeding RMB 2 billion, with the ability to be recycled. The amount of funds used at any given time within the authorized period of the shareholders' meeting shall not exceed the above-mentioned limit.