Jiangxi Copper Company Limited (00358) has announced that on November 6, 2026, the company received a letter from its Chairman, Mr. Zhou Shaobing, proposing a buyback of the company's A-shares.

The proposed buyback is intended to safeguard the company's value and shareholders' interests. Based on confidence in the company's future development prospects and recognition of its value, and in order to fully protect the company's value and the rights and interests of all shareholders, enhance investor confidence, boost the long-term investment value of the company's shares, and promote the company's healthy and sustainable development, Mr. Zhou Shaobing has proposed that the company repurchase a portion of its shares through centralized bidding transactions, taking into comprehensive consideration factors such as the company's operating conditions and financial status. The specific details shall be subject to the buyback plan approved by the company's board of directors.

The total amount of funds for the share buyback shall be no less than RMB 300 million (inclusive of RMB 300 million) and no more than RMB 500 million (inclusive of RMB 500 million).