Core Points - The National Grain Modern Logistics (Wuhan) Base is set to become a major grain logistics hub in Central China, with a total investment exceeding 6 billion yuan and covering an area of approximately 2000 acres [3][4] - The base will feature a total grain storage capacity of 400,000 tons upon completion, making it the largest distribution center for northern grain transportation and imported grain transshipment in the Central China region [4] Group 1 - The Wuhan government reserve grain warehouse project (Jiangbei) is expected to be operational next month, with a total storage capacity of 150,000 tons [1] - The logistics base includes a dedicated railway line of approximately 5.4 kilometers that connects to the Jingjiu and Jingguang railways, facilitating a comprehensive grain logistics network [3] - The base has already completed the construction of a 200,000-ton cold storage facility and a provincial grain emergency reserve center, which are now operational [3][4] Group 2 - The logistics base is part of the national "14th Five-Year Plan" for grain development, with plans to expand the area to 10.75 square kilometers [3] - The combined storage capacity of the grain logistics park and the second phase of the Jin控长贸 International Cold Chain Logistics Park will be able to supply the city of Wuhan for 50 days based on average consumption rates [4]

Meeting Details - The 15th meeting of the 11th Board of Directors of Shenzhen Shengliang Holdings Co., Ltd. was held on May 20, 2025, at 2:40 PM in Shenzhen, with both in-person and remote attendance [1]. - The meeting was chaired by Chairman Wang Zhikai and complied with the relevant provisions of the Company Law and Articles of Association [1]. Resolutions Passed - The Board approved the proposal to sign a lease agreement for the Shenshan Grain Reserve Warehouse (Phase I) with the Shenzhen Development and Reform Commission. The lease is for a period of 5 years [1]. - The average annual rent for the Shenshan Grain Reserve Warehouse (Phase I) is estimated to be approximately 101 million yuan, with a total rent not exceeding 505 million yuan over the five-year period [1]. Voting Results - The resolution regarding the lease agreement received 8 votes in favor, with no votes against or abstentions [1].