Securities code: 002389 securities abbreviation: Aerospace Ch Uav Co.Ltd(002389) Announcement No.: 2022-009 Aerospace Ch Uav Co.Ltd(002389)
Announcement on resolutions of the 37th meeting of the 5th board of directors
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
1、 Convening of board meeting
The 37th meeting of the Fifth Board of directors (hereinafter referred to as the “meeting”) of Aerospace Ch Uav Co.Ltd(002389) (hereinafter referred to as the “company”) was held by means of communication voting on January 17, 2022. The meeting notice has been sent in writing, e-mail and telephone on January 14, 2022. There are 9 directors who should vote at this meeting, and 9 directors who actually vote. Mr. Hu Meixiao, chairman of the company, presided over the meeting. The convening and convening procedures of the meeting comply with the provisions of relevant laws, regulations, normative documents and the articles of association, and are legal and effective.
2、 Deliberation and voting at the board meeting
1. With 9 affirmative votes, 0 negative votes and 0 abstention, the proposal on formulating the measures for the administration of the company’s currency derivatives business was deliberated and adopted.
It is agreed to formulate the measures for the management of the company’s currency derivatives business to strengthen the management of the company’s currency derivatives business, standardize the operation of currency derivatives business, and effectively prevent and control the risks caused by exchange rate fluctuations to the company’s operation.
The measures for the administration of the company’s currency derivatives business was published on cninfo.com on January 18, 2022（ http://www.cn.info.com.cn. ）。
2. The proposal on applying for hedging business to prevent exchange rate fluctuation risk was considered and adopted by 9 votes in favor, 0 against and 0 abstention.
In order to effectively avoid and prevent foreign exchange market risks and reduce the impact of exchange rate fluctuations on the company’s main business performance, the company plans to carry out hedging business and prepare the feasibility analysis report of the company on hedging business. The board of directors agrees that the company shall carry out hedging business with a scale of no more than US $200 million, and the extension amount shall not be calculated repeatedly. The amount shall be effective within one year from the date of deliberation and approval by the board of directors. For details, please refer to the company’s securities times and cninfo.com on January 18, 2022（ http://www.cn.info.com.cn. ）Announcement on applying for hedging business to prevent exchange rate fluctuation risk. The independent opinions of the company’s independent directors on this matter were published on cninfo.com on the same day（ http://www.cn.info.com.cn. ）。
3、 Documents for future reference
1. Resolution of the 37th meeting of the 5th board of directors signed by the directors and stamped with the seal of the board of directors
2. The independent opinions of the independent directors on matters related to the 37th meeting of the Fifth Board of directors are hereby announced
Aerospace Ch Uav Co.Ltd(002389) board of directors January 17, 2002
