江苏新泉汽车饰件股份有限公司第五届董事会第十四次会议决议公告

Group 1 - The company held its 14th meeting of the 5th Board of Directors on February 4, 2026, with all 9 directors present, and the meeting complied with relevant laws and regulations [1][2][5] - The Board approved the appointment of Mr. Xie Wutao as the Vice General Manager, with a term consistent with the current Board [2][11] - The Board approved the establishment of a wholly-owned subsidiary, Kaifeng Xinquan Automotive Parts Co., Ltd., in Kaifeng, Henan Province, with a registered capital of 50 million RMB [6][19][27] Group 2 - The company plans to invest 42 million USD to establish a subsidiary, Malaysia Xinquan Automotive Parts Co., Ltd., through its wholly-owned subsidiary, Xinquan International Development Singapore Pte. Ltd. [9][33][44] - The investment in Malaysia is aimed at expanding the company's market presence and enhancing its global strategy [44][45] - The company will increase its investment in its subsidiary, Bayern Xinquan, by 10 million USD, maintaining a 100% ownership through its subsidiary [10][49][56]