Announcement on October 18, 2016, in 2016, the company acquired iHealthLabs Europe (Jiu An Europe) as the main body of the acquisition, and acquired 100% equity of eDevice in cash. The payment currency is Euro. In order to raise the above funds, the company borrowed some foreign currency as the payment price, including the US dollar and the euro. In order to help the company control exchange rate risk and reduce the impact of exchange rate fluctuations on the company's operating results, the company intends to carry out foreign exchange hedging business balance of no more than 690 million yuan or equivalent foreign currency, valid within one year from the date of approval by the board of directors. The Board of Directors authorizes the Chairman to approve the foreign exchange hedging business within the scope of this amount according to the business situation and actual needs. The specific business is operated by the Finance Department.
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Announcement
The foreign exchange hedging business to be carried out by the company is not a speculative and arbitrage transaction for profit alone, but a hedging strategy based on the company's purchase of eDevice, which can help the company reduce the risk of future exchange rate fluctuations. Locking the company's normal operating profit, there is no harm to the company and all shareholders, especially the interests of small and medium shareholders.
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