中国武夷实业股份有限公司 第八届董事会第二十四次会议 决议公告

Group 1 - The company plans to invest CNY 1.895 billion in 2026, focusing on 19 domestic real estate projects and 3 overseas investment projects, with an additional CNY 1.2 billion for new overseas projects [3][5] - The board meeting was held on February 11, 2026, with all 9 directors present, and the meeting complied with relevant laws and regulations [2][4] - The company approved a capital reduction for its wholly-owned subsidiary, Zhongwu Real Estate, from CNY 600 million to CNY 100 million, which will not significantly impact the company's financial performance [5][20][23] Group 2 - The company will form a consortium with Fujian Jianke Engineering Technology Co., Ltd. to bid for the renovation and upgrade of public school buildings in the Philippines, which constitutes a related party transaction [7][27] - The board's independent directors unanimously agreed to the proposal, and the related director recused himself from the vote [8][42] - The bidding project has a budget of approximately CNY 88.6 million for the first phase and CNY 106.3 million for the second phase, funded entirely by the World Bank [34][35] Group 3 - The company’s subsidiary, Zhongwu E-commerce, plans to conduct forward foreign exchange hedging with a total amount not exceeding USD 30 million (approximately CNY 208.31 million) to mitigate foreign exchange risks [46][48] - The board approved this hedging plan, which does not require shareholder approval but must be reported to the provincial state-owned assets supervision and administration commission [49][50] - The hedging activities will be conducted under strict internal controls to minimize risks associated with foreign exchange fluctuations [51][52] Group 4 - The company will hold its second extraordinary general meeting on February 27, 2026, to discuss the approved proposals, including the related party transaction [55][56] - The meeting will allow for both on-site and online voting, ensuring participation from all eligible shareholders [58][60] - The company emphasizes compliance with relevant laws and regulations in the organization of the meeting [56][59]