Group 1 - Ningbo Construction held its 24th meeting of the 6th board of directors on November 10, 2025, via telecommunication to review documents related to the transaction, including the supplementary review report and audit report [1] - For the year 2024, the revenue composition of Ningbo Construction is as follows: 51.62% from housing construction and civil engineering, 25.72% from municipal public works, 8.54% from construction installation, 8.25% from building materials sales, and 2.2% from building decoration [1] - As of the report date, Ningbo Construction has a market capitalization of 6 billion yuan [1]