Fujian Tianma details 2026 plans: Guarantees, treasury management, auditor change

Fujian Tianma Science & Technology Group plans to provide guarantees of up to CNY 550m for its downstream customers and supply chain partners in 2026, aiming to strengthen supply chain stability. This represents 24.59% of the company's latest audited net assets. The company will also engage in foreign exchange derivatives transactions with a maximum daily contract value of CNY 200m and commodity futures and options hedging with a maximum daily contract value of CNY 1bn, to manage price and exchange rate risks.

In parallel, the company plans to utilize up to CNY 200m of its own funds for wealth management products issued by financial institutions, prioritizing high safety, liquidity, and controllable risk. Furthermore, Fujian Tianma will accept up to CNY 450m in financial assistance from its controlling shareholder, Fujian Tianma Investment Development Co., without requiring collateral.

Finally, the company announced a change in its auditing firm for the 2025 fiscal year, appointing Zhongxinghua Certified Public Accountants to replace Rongcheng Certified Public Accountants, citing the need to ensure auditor independence and objectivity. These measures are subject to shareholder approval at the upcoming 2025 Third Interim Shareholders' Meeting on December 25, 2025.