On 26 March 2026, Jiangxi Copper Company Limited (Jiangxi Copper) announced that its controlling shareholder, Jiangxi Copper Corporation Limited (JCC), has completed guarantee and trust registration for the forthcoming public issuance of exchangeable corporate bonds.

JCC plans to issue “Jiangxi Copper Corporation Limited Publicly Issued Exchangeable Corporate Bonds for Professional Investors in 2026” with a total size not exceeding RMB5.00 billion. The offering has already obtained approval from the Shanghai Stock Exchange and registration from the China Securities Regulatory Commission (CSRC Approval [2024] No. 603).

To safeguard bondholders’ exchange rights and timely repayment of principal and interest, JCC has: 1. Executed share guarantee and trust agreements with trustee CSC Financial Co., Ltd. 2. Opened the “JCC-CSC-26 JCC EB Guarantee and Trust Property Account” at China Securities Depository and Clearing Corporation Limited (CSDC). 3. Transferred 169.00 million Jiangxi Copper A-shares into the account as underlying exchange shares. 4. Granted CSC voting rights on the entrusted shares, to be exercised per JCC’s instructions provided they do not harm bondholder interests.

Post-registration, JCC’s shareholding structure is as follows: • Direct holdings: 1.41 billion A- and H-shares, representing 40.84 % of Jiangxi Copper’s issued share capital. • Shares under guarantee and trust: 169.00 million A-shares, accounting for 4.88 %.

The transaction does not alter the listed company’s controlling shareholder or actual controller and does not constitute a general offer. Jiangxi Copper will continue to disclose progress related to the bond issuance in accordance with regulatory requirements.