FilingReader Intelligence
Sanhua Controls expands FX hedging to 150bn yuan
July 30, 2025 at 11:49 AM UTC•By FilingReader AI
Zhejiang Sanhua Intelligent Controls increased its foreign exchange hedging limit to 150 billion yuan, citing international expansion plans.
The company will also repurchase 912,000 restricted shares for 9.93 million yuan after employees lost eligibility or failed performance targets.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
Legal opinion from Beijing Zhong Lun Law Firm regarding Zhejiang Sanhua Intelligent Controls Co., Ltd.'s repurchase and cancellation of certain restricted shares under its 2022 restricted stock incentive plan and 2024 restricted stock incentive planJuly 30, 2025 at 08:00 AM UTC
Announcement regarding the appointment of an overseas auditing firmJuly 30, 2025 at 08:00 AM UTC
Announcement on the adjustment of the foreign exchange hedging business quotaJuly 30, 2025 at 08:00 AM UTC
Notice on convening the first extraordinary general meeting of shareholders in 2025July 30, 2025 at 08:00 AM UTC
SZSE:002050•Shenzhen Stock Exchange
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