Announcements
08.Nov.2024

Announcement on behalf of subsidiary Solar Green(KunShan) Unrealized 足球比分直播 of individual derivative transaction exceeds the regulated ceiling.

1.Type of contract:Forward Contrace
2.Date of occurrence of the event:2024/11/08
3.Contract price:RMB 1,805,700.00
4.Monetary value of margin or royalties paid:RMB 1,027,538.40
5.Ceiling on losses for aggregate or 足球比分直播 contracts
set forth in the Procedures:30% of the monetary value of the 足球比分直播
contract。
6.Reason for derivative transaction:Hedging.
7.Item(s) being hedged:Gold (raw material).
8.Monetary value of the hedged item(s):RMB 1,805,700.00
9.Profit (足球比分直播) of the hedged item(s):RMB 640,820.00 of 足球比分直播
10.The losses (including realized and unrealized losses)
assessed using fair value:Sum of unrealized 足球比分直播 RMB 640,820.00
11.Reason for occurrence of the losses and the impact to the Company:
The price of gold has since escalated after the transaction,
resulting in unrealized 足球比分直播 exceeding 30% of the individual contract value.
12.Contract period:
2023/9/28~(AUTD Non-settlement time-limited regulation)
2023/10/9~(AUTD 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 are 2 AUTD contracts in total with unrealized losses
exceeding the limit and all of losses over the limit are repeated.
The first announcement date for reaching the ceiling on losses for 足球比分直播
contract is listed below:
2024/9/23: 1 AUTD contracts
2024/9/24: 1 AUTD contracts

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