Yuntianhua's implementation of foreign exchange American options business

　　On May 26, Yunnan Yuntianhua Co.
, Ltd.
(hereinafter referred to as Yuntianhua) successfully handled the RMB to foreign exchange American options business in cooperation with Commerce, marking the first order of new foreign exchange derivatives under the new policy of the State Administration of Foreign Exchange in Yunnan Province.
Take the lead in landing Yuntianhua
.

　　On May 20, after the State Administration of Foreign Exchange issued the "Notice on Measures to Further Promote the Foreign Exchange Market Serving the Real Economy", Yuntianhua immediately contacted financial institutions to gain an all-round understanding of new foreign exchange trading tools, and to compare and analyze the new and the old based on its own business reality.
Costs and benefits of tools in exchange rate risk management
.
Compared with European->
.

　　Yuntianhua said that the company will closely integrate options and futures business with supply chain finance, make full use of exchange rate risk management tools, and carry out foreign exchange risk management through multiple measures and multi-business coordination, which will help to continuously strengthen its business philosophy and further enhance the company's global Supply chain resilience
.