Visionox to hedge against currency risk, names new finance chief

Visionox Technology has approved the commencement of foreign exchange hedging business with a maximum transaction amount of $6,000,000 to mitigate currency fluctuation risks impacting its import/export operations. Valid for 12 months from board approval on September 10, 2025, this initiative will use various foreign exchange derivative products and is intended to stabilize operating costs and financial performance. The company emphasized a cautious approach, prohibiting speculative or arbitrage transactions.

Concurrently, Visionox announced a leadership change within its finance department. Zhou Renzhong resigned as chief financial officer due to work adjustments, effective September 9, 2025, but will continue to serve as general manager of the overseas business division. Li Bo has been appointed as the new cfo, effective from the board's approval on September 10, 2025, until the end of the seventh board term.