CNSC Chemical: Intends to carry out hedging business of not more than 2 billion yuan for PVC and soda ash futures.

China Salt Chemical Industry announced that in order to avoid the impact of price fluctuations of PVC, caustic soda and other products, lock in profits, ensure the stability of the supply chain and cash flow, the company plans to carry out hedging transactions. The trading varieties are PVC futures from Dalian Commodity Exchange and caustic soda futures from Zhengzhou Commodity Exchange, with a business term of 12 months and a maximum guarantee amount not exceeding 200 million yuan, funded by its own funds. The company has established relevant systems, adopted a series of risk control measures to control market, basis and other risks, ensuring that the business operates in compliance and in a stable manner.