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]

Core Viewpoint - The company Megmeet (002851.SZ) plans to increase capital for its wholly-owned subsidiary Megmeet Hong Kong Limited and its subsidiary ALTATRONIC INTERNATIONAL CO., LTD, with a total investment of approximately 835.63 million RMB, aimed at supporting the construction of its Thailand production base project and enhancing its global strategy [1]. Group 1 - The company will hold its sixth board meeting on January 28, 2026, to approve the capital increase proposal [1]. - The total capital increase amounts to 835.63 million RMB, which includes 30.87 million RMB from self-owned funds and 804.77 million RMB from raised funds, equivalent to approximately 116.07 million USD [1]. - The capital increase will be executed in phases, with Megmeet Hong Kong Limited providing capital to its subsidiary ALTATRONIC INTERNATIONAL CO., LTD, previously known as Megmeet (Thailand) Co., Ltd [1]. Group 2 - The funds raised will be specifically allocated for the construction of the "Thailand Production Base (Phase II) Project," which is part of the company's broader globalization strategy [1]. - This investment is expected to enhance the company's supply capabilities in overseas markets [1].

Core Viewpoint - The company plans to issue H-shares and list on the main board of the Hong Kong Stock Exchange to enhance its global strategy and improve governance transparency [1] Group 1 - The company will hold the 13th meeting of the fifth board of directors on December 26, 2025, to review proposals related to the issuance of H-shares [1] - The proposals include the issuance of H-shares and the plan for listing on the Hong Kong Stock Exchange [1] - The company aims to strengthen connections with overseas capital markets and enhance governance standards [1] Group 2 - The company will consider the interests of existing shareholders and the conditions of domestic and foreign capital markets when choosing the timing and window for the issuance [1] - The issuance and listing will be completed within the validity period of the shareholders' meeting [1]