CJJG(SH:600496) Shang Hai Zheng Quan Bao·2025-12-18 19:12Group 1 - The company held its 22nd temporary meeting of the 9th board of directors on December 18, 2025, where all 9 directors participated, and the meeting was deemed valid [1] - The board approved a proposal regarding the land acquisition by a subsidiary, with a total compensation of approximately 380 million yuan [5][7] - The board also approved a proposal for capital increase in a controlling subsidiary, with a unanimous vote of 9 in favor [2] Group 2 - The land acquisition is necessary due to government project construction planning, and the compensation agreement was signed with the Wuhan Panlongcheng Economic Development Zone Management Committee [5][7] - The compensation amount of 380 million yuan is expected to positively impact the company's net profit and cash flow in future years [6][17] - The transaction does not constitute a related party transaction or a major asset restructuring [6][28] Group 3 - The compensation includes 322.8762 million yuan for real estate value and 57.2579 million yuan for business interruption and relocation rewards, totaling 380.1341 million yuan [15] - The compensation payment will be made in installments, with 20% paid within 30 days of signing the agreement, 60% based on the progress of relocation, and the remaining 20% within 15 working days after completion [16] - The transaction's approval process was compliant with legal regulations, and independent directors expressed their agreement with the transaction [39][40] Group 4 - The company plans to increase capital in Zhejiang Jinggong Steel Structure Group Co., Ltd. by 150 million yuan to enhance its market competitiveness and operational capacity [44][46] - The capital increase will raise Zhejiang Jinggong's registered capital from 1.20797647 billion yuan to 1.35797647 billion yuan [46] - This capital increase does not require shareholder meeting approval and is not classified as a related party transaction or a major asset restructuring [45][48]