AsAc(SH:601890) Shang Hai Zheng Quan Bao·2025-11-18 19:17Core Viewpoint - The company, Jiangsu Yaxing Anchor Chain Co., Ltd., has approved an investment project aimed at enhancing its competitiveness through the development and industrialization of key mooring equipment and integrated systems for deep-sea large floating bodies, with a maximum investment of 300 million RMB [2][3]. Group 1 - The board of directors held a meeting on November 18, 2025, with all 9 directors present, and unanimously approved the investment proposal [1][4]. - The project will be located in the Jiangsu Economic and Technological Development Zone, specifically at the southeast corner of the intersection of Sunong Road and Nanqing Road [2]. - The investment is expected to significantly promote the company's further development, as the project aligns with its industrial development direction and has reliable technology sources and strong market sales channels [2]. Group 2 - The investment does not require approval from the shareholders' meeting and is not classified as a related party transaction or a major asset restructuring [3]. - The voting results showed unanimous support with 9 votes in favor, 0 against, and 0 abstentions [4]. Group 3 - The company acknowledges potential uncertainties regarding the acquisition of land use rights, final transaction prices, and project implementation timelines, which may pose market and operational risks [2].