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Sailun to reduce risk with currency hedging programme

Author: Stephen Goodchild Comments: 0
The hedging programme should mitigate risks from currency fluctuations affecting Sailun’s operations (Photo: Stephen Goodchild / Tyre Industry Publications Ltd)

Sailun Group Co., Ltd. has authorised a foreign exchange hedging programme to mitigate risks from currency fluctuations affecting its operations, particularly those related to US dollar and euro denominated transactions. The programme, approved by the company’s Board of Directors on 13 December and confirmed by its Supervisory Board, allows for transactions up to RMB 6 billion (£653.1 million) or its equivalent in foreign currencies between 1 January and 31 December 2025.

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