STEC(SH:600820) Zheng Quan Zhi Xing·2025-07-15 08:25Group 1 - The board meeting of Shanghai Tunnel Engineering Co., Ltd. was held on July 15, 2025, with all 8 directors present and all resolutions passed unanimously [1][2] - The board approved the nomination of Liu Chunjie, Yuan Tao, and Zhang Guixu as members of the Strategic and ESG Committee, with Zhang Guixu appointed as the chairman of the Nomination Committee [1][2] - The board agreed to adjust the Huijuan and Changxiu Expressway projects due to policy impacts, including the termination of related investment agreements and the disposal of the project company [2] Group 2 - The company will participate in a joint bidding for land in the Putuo District of Shanghai with Shanghai Urban Construction Development Co., Ltd. [2] - The establishment of "Kesi Tuo Operation and Maintenance Co., Ltd." in Singapore with a registered capital of 20 million SGD was approved, with contributions from various subsidiaries [4] - The company will engage in the Guangzhou Huangpu District urban village renovation project, forming a joint venture with Guangzhou Development Zone Urban Development Group, with a total investment not exceeding 1.46 billion CNY [4]