Metallurgical Corporation of China Ltd. (MCC) disclosed further progress on its authorised share-repurchase programme in a Next Day Disclosure Return filed on 14 September 2026.

Key developments

1. Latest trading-day activity (14 September 2026) • Hong Kong Exchange (H shares): 2.12 million shares repurchased on-market at HKD 1.40–1.43, for total consideration of HKD 3.00 million (average HKD 1.42). • Shanghai Stock Exchange (A shares): 5.80 million shares bought back at RMB 2.58–2.61, costing RMB 15.00 million (average RMB 2.59). • All repurchased shares are designated for cancellation; none will be held as treasury shares.

2. Cumulative repurchases not yet cancelled (programme to-date) • H shares: 45.83 million repurchased between 2 July and 14 September, equal to 1.61 % of the 2.84 billion H shares outstanding when the mandate was granted on 29 June 2026. • A shares: 214.56 million repurchased from 26 January through 14 September, representing roughly 1.20 % of the current 17.85 billion A-share base.

3. Capital structure unchanged—for now • Issued share capital stood at 2.84 billion H shares and 17.85 billion A shares both before and after the latest transactions, as the repurchased shares await formal cancellation.

4. Remaining headroom under H-share mandate • The company is authorised to buy back up to 283.90 million H shares; after the cumulative 45.83 million already executed, approximately 84 % of the mandate capacity remains.

5. Moratorium on new issuance • Under Hong Kong listing rules, MCC is restricted from issuing new shares or selling treasury shares until 14 October 2026 (30 days after the most recent repurchase).

All repurchase activities were conducted in accordance with the relevant Hong Kong Stock Exchange and Shanghai Stock Exchange regulations, and the company confirms full compliance with applicable legal and regulatory requirements.