Group 1 - The company held its 37th meeting of the 8th Board of Directors on February 9, 2026, where several resolutions were passed [2][3][39] - The company approved the use of up to RMB 19 billion of its own funds for entrusted wealth management, with a term not exceeding 12 months [3][32][40] - The company also approved the use of up to RMB 5.6 billion of temporarily idle raised funds for cash management, with a similar term of not exceeding 12 months [3][10][15] Group 2 - The company plans to revise its related party transaction management system in accordance with the latest regulations [4][5] - The company will also revise the work rules of the Board of Directors' Audit Committee to align with current legal requirements [6][7] - A temporary shareholders' meeting is scheduled for February 26, 2026, to discuss the resolutions passed by the Board [7][49][50] Group 3 - The company aims to enhance cash management and improve fund utilization efficiency through the entrusted wealth management and cash management initiatives [32][14][44] - The investment products for cash management will include low-risk, high-liquidity options such as structured deposits and guaranteed principal products [16][35][41] - The company will ensure that the use of idle funds does not affect the normal operation of its investment projects [20][25][44]

Group 1 - The company held its 18th meeting of the 8th Board of Directors on February 10, 2026, with all 5 directors present, and the meeting complied with legal and regulatory requirements [2][4] - The Board approved the proposal to amend the Articles of Association, which includes adding one employee representative director to enhance corporate governance [2][10] - The independent director remuneration was adjusted from 60,000 RMB to 84,000 RMB per year, aiming to improve the motivation and responsibility of independent directors [4][18] Group 2 - The Board approved the proposal to dissolve the wholly-owned subsidiary Guangzhou Jialong Food Co., Ltd. and the Guangzhou branch to optimize resource allocation and reduce management costs [7][24] - The dissolution of these entities is expected to improve overall operational efficiency without adversely affecting the company's production and operations [28][25] Group 3 - The company announced the first extraordinary shareholders' meeting for 2026, scheduled for March 10, 2026, to discuss the approved proposals from the Board meeting [8][31] - The meeting will allow both on-site and online voting, with specific timeframes for each voting method [33][49]

Core Viewpoint - The company held its seventh temporary board meeting to discuss and approve several key proposals, including expected daily related transactions for 2026, the conclusion of fundraising projects, the appointment of a new internal audit department head, and the scheduling of the first temporary shareholders' meeting in 2026 [1][2][3][4][5][6][7]. Group 1: Daily Related Transactions - The board approved the proposal regarding expected daily related transactions for 2026, with a total estimated amount not exceeding 2.0345 million yuan [2][10]. - The transactions will involve leasing assets, accepting and providing services, and deposit interest and fees with related parties, including Hebei Cangzhou Dongsu Group Co., Ltd. and Cangzhou Bank [10][12]. - The independent directors unanimously agreed to submit this proposal to the board after a special meeting [11][21]. Group 2: Fundraising Project Conclusion - The board approved the proposal to conclude fundraising projects and permanently supplement working capital with surplus funds, which will be submitted to the shareholders' meeting for approval [3][30]. - The total amount raised from the non-public offering was approximately 1.238 billion yuan, with a net amount of about 1.221 billion yuan after deducting issuance costs [30][31]. - The surplus funds of 72.9252 million yuan will be used for the company's main business development, enhancing the efficiency of fund utilization [35][36]. Group 3: Appointment of Internal Audit Department Head - The board accepted the resignation of the internal audit department head, Wang Qian, due to retirement and appointed Jiang Ming as the new head [5][26]. - Jiang Ming's term will last until the end of the current board's term [6][26]. Group 4: Shareholders' Meeting - The first temporary shareholders' meeting for 2026 is scheduled for January 14, 2026, with both on-site and online voting options available [7][44]. - The meeting will discuss the proposals approved by the board, ensuring compliance with relevant laws and regulations [43][49].