LOPAL TECH (02465) has issued an announcement stating that Jiangsu LOPAL TECH Group Co., Ltd. (the "Company") convened its Fourth Board of Directors' Fiftieth Meeting on January 23, 2026, during which the "Proposal on the Company's Conduct of Hedging Business" was reviewed and approved. This proposal had already passed the review of the Fourth Board of Directors' Audit Committee's Twenty-fifth Meeting and is still subject to approval by the Company's shareholders' meeting.

The Company and its subsidiaries plan to engage in futures and derivatives hedging activities, with the upper limit for margin and premium payments not exceeding RMB 500 million (excluding funds for the physical delivery of the hedged items). The maximum contract value held on any single trading day shall not exceed RMB 2 billion. These limits are reusable, and the funds utilized at any point during the authorization period granted by the shareholders' meeting must not exceed the aforementioned amounts.