Announcements
15.Nov.2024
Announcement on behalf of subsidiary Solar Chemical(KunShan) Unrealized 比分捷报即时 of individual derivative transaction exceeds the regulated ceiling.
1.Type of contract:Forward Contract
2.Date of occurrence of the event:2024/11/15
3.Contract price:RMB 3,422,599.88
4.Monetary value of margin or royalties paid:RMB 716,344.00
5.Ceiling on losses for aggregate or 比分捷报即时 contracts
set forth in the Procedures:30% of the monetary value of the 比分捷报即时
contract。
6.Reason for derivative 比分捷报即时:Hedging.
7.Item(s) being hedged:Silver (raw material).
8.Monetary value of the hedged item(s):RMB 3,422,599.88
9.Profit (比分捷报即时) of the hedged item(s):RMB 1,054,550.12 of 比分捷报即时。
10.The losses (including realized and unrealized losses)
assessed using fair value:Sum of unrealized 比分捷报即时 RMB 1,054,550.12
11.Reason for occurrence of the losses and the impact to the Company:
The price of gold/silver has since escalated after the 比分捷报即时,
resulting in unrealized 比分捷报即时 exceeding 30% of the individual contract
value.
12.Contract period:
2024/1/22~(AGTD Non-settlement time-limited regulation)
13.Restrictive covenants:None
14.Other important terms and conditions:None
15.Any other matters that need to be specified:
There is 1 AGTD contracts in total with unrealized losses
exceeding the limit and all of losses over the limit is repeated.
The first announcement date for reaching the ceiling on losses for 比分捷报即时
contract is listed below:
2024/7/12: 1 AGTD contracts
2.Date of occurrence of the event:2024/11/15
3.Contract price:RMB 3,422,599.88
4.Monetary value of margin or royalties paid:RMB 716,344.00
5.Ceiling on losses for aggregate or 比分捷报即时 contracts
set forth in the Procedures:30% of the monetary value of the 比分捷报即时
contract。
6.Reason for derivative 比分捷报即时:Hedging.
7.Item(s) being hedged:Silver (raw material).
8.Monetary value of the hedged item(s):RMB 3,422,599.88
9.Profit (比分捷报即时) of the hedged item(s):RMB 1,054,550.12 of 比分捷报即时。
10.The losses (including realized and unrealized losses)
assessed using fair value:Sum of unrealized 比分捷报即时 RMB 1,054,550.12
11.Reason for occurrence of the losses and the impact to the Company:
The price of gold/silver has since escalated after the 比分捷报即时,
resulting in unrealized 比分捷报即时 exceeding 30% of the individual contract
value.
12.Contract period:
2024/1/22~(AGTD Non-settlement time-limited regulation)
13.Restrictive covenants:None
14.Other important terms and conditions:None
15.Any other matters that need to be specified:
There is 1 AGTD contracts in total with unrealized losses
exceeding the limit and all of losses over the limit is repeated.
The first announcement date for reaching the ceiling on losses for 比分捷报即时
contract is listed below:
2024/7/12: 1 AGTD contracts
