Chongqing Yukaifa Co., Ltd. (hereinafter referred to as "the Company") and all members of its board of directors guarantee that the information disclosed is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
I. Basic Situation of Daily Related Transactions
(1) Overview of Daily Related Transactions
The daily related transactions of Chongqing Yukaifa Co., Ltd. refer to transactions arising from the Company's and its subsidiaries' daily operations with its controlling shareholder, Chongqing Urban Construction Investment (Group) Co., Ltd. (hereinafter referred to as "Chongqing Urban Investment") and its subsidiaries. Based on a comprehensive analysis of the operational environment and market conditions for 2026, the Company expects to engage in daily related transactions involving the provision or receipt of services and entrusted sales of products, with an estimated amount of approximately 46 million yuan. For the year 2025, the expected amount for daily related transactions was 130 million yuan, of which the third meeting of the tenth board approved an estimated amount of 100 million yuan for the provision or receipt of services, and the forty-second meeting approved an additional estimated amount of 30 million yuan for service provision (details can be found in the announcements disclosed by the Company on February 22 and June 21, 2025, in "China Securities Journal," "Securities Times," "Shanghai Securities Journal," and the Giant Tide Information Network, announcement numbers 2025-010 and 2025-042). The actual amount of daily related transactions for 2025 was 146.5021 million yuan (unaudited data), exceeding the estimated amount by 1.65021 million yuan. The excess amount did not reach the threshold for board review, and the Company has completed the internal approval process in accordance with internal management regulations and related transaction rules.
On March 31, 2026, the Company held the fifty-third meeting of the tenth board of directors, which approved the proposal on the expected daily related transactions for 2026. The board agreed that the expected amount for daily related transactions between the Company and its controlling shareholder, Chongqing Urban Investment, and its subsidiaries for 2026 would be 46 million yuan. Due to Mr. Chen Ye, the Company's chairman, currently serving as a senior executive at Chongqing Urban Investment, he abstained from voting on this proposal. According to the "Shenzhen Stock Exchange Stock Listing Rules" and relevant provisions of the Articles of Association, this expected amount for daily related transactions does not meet the threshold for shareholder meeting review and does not require submission for shareholder approval.