Dongjiang Environmental Protection (00895) issued an announcement. In order to broaden financing channels and reduce financing costs, the company and its holding subsidiaries plan...
Zhitong Finance App News, Dongjiang Environmental Protection (00895) announced that in order to broaden financing channels and reduce financing costs, the company and its holding subsidiaries intend to allocate foreign currency loans with low interest rates to serve production and operation business. In order to effectively avoid the risk of market exchange rate fluctuations, the company plans to support foreign exchange hedging services. The amount of foreign exchange hedging business to be launched this time is no more than RMB 200 million or its equivalent in foreign currency. The source of capital is own funds and does not involve raising capital. The above amount is valid for one year after review and approval by the board of directors. Within the above quota, funds can be recycled.