Beijinghualian Hypermarket adjusts hedging, reallocates raised funds

Beijinghualian Hypermarket announced a special report on the deposit and use of raised funds for the first half of 2025, revealing that as of June 30, 2025, the balance of raised funds was RMB 149,352,019.93. The "800,000-ton High-Strength and High-Toughness Aluminum Alloy Material Project (Phase II)" has been completed, with a remaining balance of RMB 197,432,219.76 now allocated for permanent replenishment of working capital. The "1.2 Million-ton Lightweight High-Strength Aluminum Alloy Material Project (Phase II)" is ongoing, with RMB 62,976,128.91 invested in the reporting period.

The company will close the "1.2 Million-ton Lightweight High-Strength Aluminum Alloy Material Project (Phase II)" as of August 15, 2025, with a remaining balance of RMB 21,070.19 million. This amount will be used to permanently supplement working capital for daily operations, followed by the cancellation of related dedicated accounts. These funds remain after careful project management, including optimized procurement and cost controls, and interest income.

Additionally, the company is adjusting its 2025 annual futures and derivatives hedging activities, increasing the scope to include cast aluminum alloy futures, options, and related derivatives. The maximum amount for collateral and risk capital will not exceed RMB 1 bn. These changes, approved by the board, aim to mitigate price volatility and enhance operational efficiency.