天津友发钢管集团股份有限公司 第五届董事会第二十七次 会议决议公告

Group 1 - The company held its 27th meeting of the 5th Board of Directors on February 4, 2026, to discuss and approve a new investment proposal [2][4][9] - The company will establish a wholly-owned subsidiary, Guangdong Youfa Pipe Industry Technology Co., Ltd., with a registered capital of RMB 500 million, funded entirely by cash [4][11][15] - The investment is within the board's approval authority and does not require shareholder approval, nor does it constitute a related party transaction or a major asset restructuring [10][12][13] Group 2 - The investment aims to enhance the financial strength and competitiveness of the subsidiary, optimize its asset-liability structure, and facilitate business operations [4][15] - The company has cumulatively invested RMB 1,012.03 million in the past 12 months, which is within 10% to 50% of its latest audited net assets [12][16] - The funding for the investment will come from the company's own funds, and it is expected to positively impact the company's overall competitiveness and strategic development [15][17]