Bazhong Precision Engineering: Plans to carry out up to $150 million forex derivative trading business.

date
26/12/2025
The Bohung Precision announcement stated that on December 26, 2025, the company held the 20th temporary meeting of the third board of directors to review and approve the proposal to engage in foreign exchange derivative trading business, without the need to submit it to the shareholders' meeting for approval. The trading period is from December 26, 2025, to December 25, 2026, with an estimated maximum trading margin and premium of 0.15 billion US dollars, and an estimated maximum contract value held on any given trading day of 1.5 billion US dollars, funded by internal resources. The purpose of the trading is hedging and not for speculative purposes. However, there are market and liquidity risks associated with the business, and the company has implemented risk management measures.