Hainan Drinda New Energy Technology Co.,Ltd. (02865) has announced that its daily production activities involve key raw materials such as silver and polysilicon, which are subject to significant price fluctuations due to macroeconomic conditions and shifts in supply chain dynamics. To mitigate the potential impact of raw material price volatility on its operations, the company and its subsidiaries plan to initiate commodity futures hedging activities. This strategy aims to leverage the risk management benefits of futures contracts, enhance operational stability, and maintain control over market exposure. The hedging activities will be strictly for risk management purposes and will not involve any speculative trading, ensuring no adverse effect on the company's core business development. The total margin and premium allocated for these commodity futures hedging operations are expected not to exceed RMB 280 million (or equivalent in other currencies), while the maximum contract value held at any single trading day will not exceed RMB 1.6 billion (or equivalent). These limits are reusable within the approved scope, provided that the margin, premium, or contract value at any point during the term does not exceed the authorized amount. The company's board has delegated authority to the management team to execute the hedging activities within the specified limits. The commodities involved will be limited to those related to the company's production needs, such as silver and polysilicon, and transactions will be conducted through regulated exchanges or qualified institutions approved by relevant authorities, utilizing financial instruments including commodity futures and options.