旺能环境股份有限公司第九届董事会第十六次会议决议公告

Group 1 - The company held its 16th meeting of the 9th Board of Directors on February 2, 2026, where all 9 directors attended, and the meeting complied with legal regulations [2] - The Board unanimously approved an investment proposal to build a waste incineration power plant in Uzbekistan with a total investment not exceeding 1.2 billion RMB, which represents 8.29% of the company's total audited assets and 17.96% of its net assets [3][6] - The project involves a daily processing capacity of 1,500 tons of municipal waste and is expected to generate revenue from waste disposal fees and electricity sales [17] Group 2 - The project will be executed by the company's wholly-owned subsidiary, Wangneng (UZ) Environmental Protection Energy PTE. LTD, which signed a Waste Supply Agreement with the Uzbek government agency responsible for waste management [7][9] - The project is part of the company's strategy to expand its overseas business and is aligned with China's Belt and Road Initiative, aiming to find new growth opportunities in a competitive domestic market [17] - The waste disposal fee is set at 5 USD per ton during the testing phase and will increase to 10 USD per ton during commercial operation, with a project duration of two years for construction and thirty years for operation [13][17]