Western Region Gold shareholder completes share reduction plan

Turpan Jinyuan Mining and Metallurgy Co., Ltd. (Jinyuan Company), a major shareholder in Western Region Gold Company Limited, has successfully completed its previously announced share reduction plan. From September 8 to September 9, 2025, Jinyuan Company sold 9,109,900 shares through concentrated bidding on the stock exchange. This reduction accounts for 1% of the company's total share capital. The shares were sold at prices ranging from RMB 28.00 to RMB 31.30 per share, totaling RMB 265,435,752.00.

Following the completion of this plan, Jinyuan Company's holdings in Western Region Gold decreased from 63,600,000 shares to 54,490,100 shares. Consequently, its ownership stake in the company has fallen from 6.98% to 5.98%, triggering the 1% equity change threshold.

The company affirmed that this equity change will not involve a tender offer and will not lead to any change in the company's controlling shareholder or actual controller.