Wuyi, China: Consortium Participates in Bidding for Projects in the Philippines

The announcement of Wuyi in China states that the company intends to form a consortium with Fujian Jianke Engineering Technology Co., Ltd. to participate in the first and second batches of bidding for the renovation and upgrade project of public schools in Manila, Philippines. Jianke is a wholly-owned subsidiary of Fujian Provincial Institute of Architectural Science, and the provincial institute is a wholly-owned subsidiary of the company's largest shareholder, Fujian Construction Group Co., Ltd. According to the relevant provisions of the Shenzhen Stock Exchange Listing Rules, this transaction constitutes a related party transaction. The company has held a board meeting on January 20, 2026, to review and approve the relevant resolutions, and the related director Mr. Zhang Zhikun abstained from voting.