Shanghai Huayi (SH:600623) Xin Lang Cai Jing·2026-01-04 12:25Core Viewpoint - Shanghai Huayi Group Co., Ltd. held its 12th meeting of the 11th Board of Directors on December 29, 2025, where several key proposals were approved, focusing on related transactions, capital increase in the tire sector, and salary reforms [1][2][3]. Business Development - The company projected a total of 31.048 billion yuan in daily related transactions for 2026, with pricing following market or agreement principles, pending shareholder meeting approval [3][5]. - A capital increase of 350 million yuan for Double Coin Chongqing was approved, with shareholders agreeing to a unilateral non-proportional capital increase by Double Coin Group, and the audit evaluation benchmark date adjusted to November 30, 2025, aimed at strengthening control and financial support for Double Coin Chongqing, facilitating the upgrade of the tire sector [5][6]. Corporate Governance - The meeting approved salary reforms for professional managers for the period of 2025-2027 and revised assessment and salary plans for other leadership personnel, completing the 2024 annual assessment and the incentive settlement for the term of 2022-2024, with related directors abstaining from voting [6]. - The implementation of these resolutions is expected to further optimize the company's business layout and governance structure, providing support for the development of core industries [6].