ENN Ecological Holdings outlines 2026 hedging, capital, and guarantee plans

ENN Ecological Holdings has outlined its financial plans for 2026, including an estimated quota of $4.7 bn for commodity hedging and a wealth management quota of 8.1 bn yuan. The commodity hedging will cover crude oil and natural gas, aiming to mitigate price risks in international LNG procurement and sales. Separately, the company projects its foreign exchange hedging not to exceed $5 bn in contract value.

The company also announced an estimated 34 bn yuan inter-company guarantee quota for its subsidiaries and joint ventures, facilitating their financing and operational needs. Additionally, a new counter-guarantee of 21.7 m yuan will be provided to Chongqing Fuling Energy for Chongqing Longran Energy Technology Co., Ltd.'s 155 m yuan bank financing, maintaining the company's 14% equity proportion.

The board also approved the fourth release of restricted stock for six employees under the 2021 incentive plan, totaling 192,517 shares, representing 0.0062% of total share capital. This follows the achievement of performance targets, including a 130.68% growth in assessed net profit for 2024 compared to 2020.