重庆水务集团股份有限公司 第六届董事会第二十四次会议决议公告

Core Viewpoint - The company has conducted a board meeting to approve the merger of its subsidiaries and the use of idle raised funds for cash management, aiming to enhance fund efficiency and shareholder returns [2][4][21]. Group 1: Board Meeting Decisions - The board meeting was held on February 12, 2026, with all seven directors present, either in person or via video [2]. - The board approved the merger of Chongqing Water Group Public Engineering Consulting Co., Ltd. with Chongqing Public Utilities Construction Co., Ltd., with the former inheriting all assets, debts, and rights of the latter [3]. - The board also approved the use of up to RMB 50 million of idle raised funds for cash management, focusing on high-safety, liquid, principal-protected financial products [4][12]. Group 2: Cash Management Details - The cash management approval allows for the investment of idle funds starting from February 24, 2026, for a period of 12 months, with the option for rolling use [4][15]. - The funds for cash management are sourced from temporarily idle raised funds from convertible bonds issued to unspecified investors [16]. - The company aims to improve fund efficiency, reduce financial costs, and increase returns for shareholders through this cash management strategy [14][21]. Group 3: Regulatory Compliance and Oversight - The decisions made in the board meeting were in compliance with relevant laws and regulations, ensuring no detriment to the company's operations or shareholder interests [22]. - The independent directors and audit committee have the authority to supervise the use of funds, ensuring adherence to the approved investment strategy [20][22].