Zhitong Finance App News, Fuyao Glass (03606) announced that with the continuous expansion of the company's overseas sales scale, sales repayments are mainly in US dollars and euros. If the foreign exchange rate fluctuates greatly, it will have an impact on the company's business performance. In order to prevent and reduce the risks posed to the company by fluctuations in foreign exchange rates and interest rates, the company and its wholly-owned subsidiary Fuyao Group (Hong Kong) Co., Ltd. intend to conduct foreign exchange derivatives trading business with financial institutions.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.