[Yih Tai] Announcement regarding the Company's derivative financial product transaction reaching the 10% loss limit of a single contract
Yih Tai announced that its derivative financial product transaction (futures) has reached the 10% loss limit of a single contract. An unrealized loss of USD 1,026,178 was incurred due to rising international copper prices, but the company states that as it is for hedging purposes, there will be no significant impact on actual operations.
📋 Article Processing Timeline
- 📰 Published: May 13, 2026 at 09:00
- 🔍 Collected: May 14, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 14, 2026 at 10:09 (2h 9m after Collected)
1. Type of contract: Futures
2. Date of occurrence of the event: 2026/5/13
3. Contract amount: USD 10,237,822
4. Amount of margin paid or premium: USD -1,149,813.92
5. Loss limit for all or individual contracts as stipulated in the procedures: The loss amount for individual contracts shall not exceed 10% of the contract amount
6. Reason for engaging in derivative product transactions: For hedging purposes
7. Hedged item: Copper plates
8. Amount of hedged item position: USD 10,237,822
9. Profit and loss status of hedged item: Unrealized loss of USD 1,026,178
10. Loss amount based on fair value assessment (including realized and unrealized): Unrealized loss of USD 1,026,178
11. Cause of loss and its impact on the company: Valuation loss arising from the continuous rise in international copper prices. A price difference already exists between the hedged contract underlying asset and the hedging position, so this short-term valuation has no significant impact on the company's actual operations.
12. Contract period: 2026/02/13~2026/06/17
13. Restrictions: None
14. Other important agreements: None
15. Other matters to be specified: None.
2. Date of occurrence of the event: 2026/5/13
3. Contract amount: USD 10,237,822
4. Amount of margin paid or premium: USD -1,149,813.92
5. Loss limit for all or individual contracts as stipulated in the procedures: The loss amount for individual contracts shall not exceed 10% of the contract amount
6. Reason for engaging in derivative product transactions: For hedging purposes
7. Hedged item: Copper plates
8. Amount of hedged item position: USD 10,237,822
9. Profit and loss status of hedged item: Unrealized loss of USD 1,026,178
10. Loss amount based on fair value assessment (including realized and unrealized): Unrealized loss of USD 1,026,178
11. Cause of loss and its impact on the company: Valuation loss arising from the continuous rise in international copper prices. A price difference already exists between the hedged contract underlying asset and the hedging position, so this short-term valuation has no significant impact on the company's actual operations.
12. Contract period: 2026/02/13~2026/06/17
13. Restrictions: None
14. Other important agreements: None
15. Other matters to be specified: None.