Wharton Technology announced that since the overseas membrane business mainly uses US dollar settlement, it plans to carry out forward settlement services to prevent the risk of exchange rate fluctuations. The board of directors of the company has reviewed and passed the relevant bill. The total amount of business is not more than 70 million US dollars during the authorization period. It is expected that the maximum contract value held on any trading day will not exceed 70 million US dollars, and the maximum transaction deposit and premium usage shall not exceed 7 million US dollars, and the amount will be used on a rolling basis; the business period is valid for 12 months from the date of review and approval by the board of directors, and the funding source is own funds. There is no need to submit this matter to the shareholders' meeting for consideration Operations are still subject to exchange rate fluctuations, internal controls, credit, liquidity, and margin risks.

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