Group 1: Board Meeting Overview - The fourth board meeting of Wuxi Chemical Equipment Co., Ltd. was held on November 19, 2025, with all 8 directors present, complying with relevant laws and regulations [2][3]. - The board approved the proposal to establish a wholly-owned subsidiary in Singapore, with a registered capital of $1,000 and an investment amount of $100,000 [3][10]. Group 2: Investment Details - The investment aims to enhance the company's global presence and competitiveness, allowing for better response to overseas market demands [12]. - The subsidiary will be named WCE ENERGY TECHNOLOGY PTE. LTD., and the investment will be funded through the company's own capital [11][12]. Group 3: Organizational Structure Adjustment - The board also approved adjustments to the company's organizational structure to improve governance and operational efficiency [5][18]. - The adjustments are in line with the latest regulations and are not expected to adversely affect the company's operations [18][19]. Group 4: Management System Revisions - The board reviewed and approved the revision and formulation of 29 management systems, which will take effect immediately [6][12]. - These revisions are aimed at enhancing the company's operational management and governance [18][19].
无锡化工装备股份有限公司 第四届董事会第十八次会议决议公告