If the forward contract is not used, the actual RMB paid by the company is 7.5263* 1000000=7526300 yuan.
The company actually spent more money, and the loss of the forward contract = 7642100-7526300 =115800 RMB.
Because the dollar has depreciated in the past six months, it is not appropriate to lock the exchange rate of the dollar in advance when prices are high.