China Resources Chemical: Appoints Ge Changlei as Head of Audit Work, Plans to Conduct Foreign Exchange Hedging Business

China Resources Chemical Innovative Materials announced that the sixth meeting of the third board of directors approved several proposals: due to adjustments to the headquarters organizational structure, Yi Mingming, the former head of audit work, will no longer serve in that position, and Ge Changlei was appointed as the company's head of audit work, responsible for internal audit work; the company and its subsidiaries were approved to conduct foreign exchange hedging business in 2026, with an annual transaction quota not exceeding US$200 million, which may be rolled over, and the estimated upper limit for trading margin and option premiums to be used is RMB 40 million, with the foreign exchange hedging business leading group authorized to manage the relevant business; at the same time, proposals such as the adjustment of the headquarters organizational structure and the revision of the list of board and authorized decision-making matters were also approved.