Core Viewpoint - Zhejiang Southeast Steel Structure Co., Ltd. plans to conduct foreign exchange derivative hedging business to mitigate foreign exchange risk associated with its expanding overseas operations, with a transaction amount not exceeding 80 million USD or equivalent foreign currency, and a duration of 12 months [1][2][4]. Trading Information Summary - As of August 20, 2025, the stock price of Southeast Steel Structure closed at 4.4 CNY, up 0.92%, with a turnover rate of 1.11%, trading volume of 115,800 shares, and a transaction amount of 50.58 million CNY [1]. - On the same day, the fund flow showed a net outflow of 1.019 million CNY from main funds, a net outflow of 1.2928 million CNY from speculative funds, and a net inflow of 2.3118 million CNY from retail investors [1][2]. Company Announcements Summary - The 25th meeting of the 8th Board of Directors approved the proposal to conduct foreign exchange derivative hedging business and the establishment of the "Foreign Exchange Derivative Trading Management System" [1][2]. - The 18th meeting of the 8th Supervisory Board also approved the proposal for foreign exchange derivative hedging business, affirming that it aligns with the company's operational needs and does not harm the interests of the company and its shareholders [1][2]. Feasibility Analysis of Foreign Exchange Derivative Hedging Business - The company plans to engage in foreign exchange derivative transactions, including forwards, swaps, and options, with a maximum transaction amount of 80 million USD or equivalent foreign currency, aimed at mitigating foreign exchange risks without engaging in speculation or arbitrage [2][4]. - The funding for this business will come from the company's own funds, and the company has established a management system to outline operational principles, approval authority, management processes, and risk control measures [2][3]. Foreign Exchange Derivative Trading Management System - The management system is designed to regulate the company's foreign exchange derivative trading activities and prevent and control exchange rate risks, applicable to the company and its subsidiaries [3]. - The trading activities are limited to transactions with qualified financial institutions, and the company must adhere to strict internal controls and confidentiality obligations [3]. Verification Opinion from Kaiyuan Securities - Kaiyuan Securities, as the sponsor for the company's convertible bond issuance, conducted a review of the foreign exchange derivative hedging business and concluded that it would help mitigate foreign exchange market risks and enhance financial stability, complying with relevant regulations [4].

证券日报网讯 8月20日晚间，东南网架发布公告称，公司于近日接到公司控股股东浙江东南网架集团有 限公司（简称"东南集团"）的通知，获悉东南集团将其所持有的本公司可转换公司债券办理了解除质押 手续。本次解除质押数量125万张。 （编辑 姚尧） ...

| 证券代码：002135 | 证券简称：东南网架 | 公告编号：2025-064 | | --- | --- | --- | | 债券代码：127103 | 债券简称：东南转债 | | 浙江东南网架股份有限公司 截至本公告披露日，上述股东所持可转债质押情况如下： | | | 占公司可 | 本次解除质 | | | 本次解除质 | | 剩 | 余 | 质 | 押 可 | 剩余质押可 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 股东名称 | 持有可转债 | 转债余额 | 押前质押可 | | | 押后质押可 | | 转 | 债 | 占 | 其 所 | 转债占公司 | | | 数量（万张） | 比例（%） | 转 债 （万张） | 数 | 量 | 转 债 数 量 （万张） | | 持 | 可 例（%） | 转 | 债 比 | 可转债余额 比例（%） | | 东南集团 | 125 | 6.25% | | 125 | | | 0 | | | 0% | | 0% | 关于控股股东可转换公司债券解除质押 ...

Core Viewpoint - Zhejiang Southeast Steel Structure Co., Ltd. was fined 200,000 RMB for improperly disposing of construction waste through unapproved entities, violating local environmental regulations [1][2]. Group 1: Company Overview - Zhejiang Southeast Steel Structure Co., Ltd. was established in 1984 and is a leading enterprise in the steel structure industry, listed on the Shenzhen Stock Exchange since May 2007 [2][3]. - The company has undertaken over 8,000 projects and holds more than 200 authorized patents, showcasing its strong innovation capabilities [3][5]. - It has received over 300 national and provincial awards, highlighting its reputation for quality in construction [5]. Group 2: Regulatory Issues - The company was penalized for transferring construction waste to unapproved entities, which is a violation of the Zhejiang Provincial Solid Waste Pollution Prevention and Control Regulations [1][2]. - The fine was imposed due to repeated violations, as the company had previously been found guilty of similar infractions within a year [2].

Core Viewpoint - The company has approved a plan to engage in foreign exchange derivative hedging to mitigate risks associated with currency fluctuations, enhancing financial stability while ensuring that core business operations remain unaffected [3][12][25]. Group 1: Board Meeting Details - The company's 25th meeting of the 8th Board of Directors was held on August 19, 2025, with all 9 directors present, confirming the legality and validity of the meeting [2][3]. - The board unanimously approved the proposal for foreign exchange derivative hedging with a vote of 9 in favor, 0 against, and 0 abstentions [3][4]. Group 2: Foreign Exchange Derivative Hedging Proposal - The company plans to conduct foreign exchange derivative hedging with a maximum transaction amount of up to $80 million or equivalent foreign currency, which can be rolled over within a 12-month period [3][12][15]. - The hedging activities are aimed at preventing adverse impacts from foreign currency exchange rate fluctuations and enhancing the company's financial resilience [12][14]. Group 3: Monitoring and Risk Management - The company has established a comprehensive risk management framework to monitor foreign exchange market conditions and adjust strategies accordingly to minimize potential losses [22]. - The financial department will oversee all foreign exchange derivative transactions, ensuring they are based on actual business needs and not speculative in nature [22][23]. Group 4: Compliance and Approval Process - The proposal for foreign exchange derivative hedging was reviewed and approved by both the Board of Directors and the Supervisory Board, confirming compliance with relevant laws and regulations [19][20][25]. - The company has developed a specific management system for foreign exchange derivative transactions to ensure adherence to regulatory requirements and internal controls [4][25].

Group 1 - The company, Southeast Network Framework, announced plans to engage in foreign exchange derivative hedging business with banks and financial institutions approved by the State Administration of Foreign Exchange and the People's Bank of China [2] - The maximum trading amount at any point during the approval period will not exceed 80 million USD or its equivalent in foreign currency, with the trading quota being reusable within the investment period [2] - The highest contract value at any given time will not exceed the aforementioned limit [2]

（文章来源：证券日报） 证券日报网讯 8月19日晚间，东南网架发布公告称，公司第八届监事会第十八次会议审议通过了《关于 开展外汇衍生品套期保值业务的议案》。 ...

证券日报网讯 8月19日晚间，东南网架发布公告称，公司第八届董事会第二十五次会议审议通过了《关 于开展外汇衍生品套期保值业务的议案》等。 （文章来源：证券日报） ...

Group 1 - The company Southeast Network Frame (SZ 002135) held its 25th meeting of the 8th board of directors on August 19, 2025, to discuss the proposal for establishing a foreign exchange derivative trading management system [2] - For the year 2024, the company's revenue composition is as follows: construction industry accounts for 69.78%, chemical fiber industry for 27.79%, others for 1.79%, and photovoltaic industry for 0.64% [2]

开源证券股份有限公司 3、交易方式 公司开展的外汇衍生品交易业务品种具体包括远期业务、掉期业务、互换业 关于浙江东南网架股份有限公司 开展外汇衍生品套期保值业务之核查意见 开源证券股份有限公司（以下简称"开源证券"、"保荐机构"）作为浙江 东南网架股份有限公司（以下简称"东南网架"、"公司"、"上市公司"） 向 不特定对象发行可转换公司债券的保荐机构，根据《证券发行上市保荐业务管理 办法》《深圳证券交易所股票上市规则》《深圳证券交易所上市公司自律监管指 引第 1 号——主板上市公司规范运作（2025 年修订）》等相关法律法规和规范 性文件的规定，对东南网架开展外汇衍生品套期保值业务事项进行了审慎核查， 核查情况如下： 一、投资情况概述 1、交易目的 随着公司海外业务规模的不断扩大，且采用美元等外币进行结算，因此当汇 率出现较大波动时，将对公司的经营业绩会造成一定的影响。为防范外汇风险， 进一步提高公司应对外汇波动风险的能力，增强财务稳健性，在不影响公司主营 业务发展、合理安排资金使用的前提下，公司拟与经有关政府部门批准、具有外 汇套期保值业务经营资质的银行等金融机构开展外汇衍生品交易业务。本次交易 以套期保值 ...