Zhuzhou Smelter announces leadership changes, adjusts related party transactions

Liu Langming resigned as chairman, director, and committee member, while Cao Xiaoyang resigned as director and committee member due to work adjustments, effective immediately. Both held no company shares at the time of resignation. The board has nominated Peng Shuguang as a director candidate and elected Tan Yizhong as an employee director, with their terms commencing upon shareholder and employee representative approval, respectively.

Concurrently, Zhuzhou Smelter Group announced adjustments to its 2025 daily related party transaction forecasts. The company plans to increase related party purchases by 1,000,000,000 yuan, primarily for anode mud and other raw materials from Minmetals Copper (Hunan) Co., Ltd. and Hengyang Shuikoushan Gold Trust Lead Industry Co., Ltd.

Additionally, related party sales are projected to increase by 150,000,000 yuan, mainly involving the sale of gold and copper concentrates to Minmetals Copper (Hunan) Co., Ltd. These adjustments are driven by production and operational needs, with transactions conducted at market prices to ensure fairness.