Shanhe Intelligent: Plans to conduct financial derivative business not exceeding 1 billion yuan.

Mountain and River Intelligence announced that the company convened the fourth meeting of the ninth board of directors in 2026 to deliberate and approve the proposal to engage in financial derivative business, which still needs to be submitted to the first extraordinary shareholders' meeting in 2026 for review. The company and its subsidiaries plan to engage in this business for hedging purposes, with an estimated transaction amount not exceeding 1 billion yuan in the next 12 months. The validity period of the quota is 12 months from the approval of the shareholders' meeting, and the funds are sourced from internal resources. The business types include forward contracts and options. The purpose of conducting this business is to hedge against exchange rate and interest rate fluctuations, and the company has also established corresponding risk control measures.