Securities Code: 000514
Securities Abbreviation: Yu Development
Announcement Number: 2026-040
Chongqing Yu Development Co., Ltd.
Resolution Announcement of the 58th Extraordinary Board of Directors Meeting
The Company and all members of its Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and there are no false records, misleading statements, or material omissions.
Chongqing Yu Development Co., Ltd. (hereinafter referred to as the "Company") notified its directors of the convening of the 58th Extraordinary Board of Directors Meeting of the Tenth Board of Directors via written notice on June 26, 2026. The meeting was held as scheduled on July 16, 2026, at Meeting Room 5310 of the Company, combining on-site and teleconference methods. Six directors were eligible to attend, and six directors attended (including independent directors Mr. Cui Hengzhong, Mr. Chen Dingwen, and Mr. Zeng Deheng participating via video conference). The meeting was chaired by Chairman Mr. Chen Ye, and senior management personnel and the Secretary of the Disciplinary Committee of the Company were present. The convocation and convening procedures of the meeting comply with the relevant provisions of the "Company Law," the "Articles of Association," and the "Rules of Procedure for Board of Directors Meetings" of the Company. The meeting deliberated and approved the following proposals:
I. The meeting unanimously approved, with 6 votes in favor, 0 votes against, and 0 abstentions, the Proposal on Revising the "Regulations on the Supervision of Investee Companies."
II. The meeting unanimously approved, with 5 votes in favor, 0 votes against, and 0 abstentions, the Proposal on the Acquisition of Equity in Chongqing Huangge Wandu Real Estate Development Co., Ltd. and the Associated Transaction.